The world has gone through different evolutions, why the fundraising method doesn’t have any evolution?
We evolved from a Barter system to Paperless transactions. Still, we have more milestones to reach.
- A modern and highly secured method of funding a project using Cryptocurrency is called ICO – Initial Coin Offering.
- If your dream is caught up due to financial burdens, you can fund your project using this concept.
Here we discuss some information that is needed to concentrate more on initiating ICO Website script on your own.
How ICO works?
If you are planning to launch an ICO website after you set all the needs, you will launch the token. This token is capable of converting into cryptocurrency and list among the top cryptos. Most of the initial coin offerings come under ERC20.
Now the ignited minds who wish to provide their contribution to your project will buy the tokens against any currency you opted.
For their contribution, you can assure them the profit share, or you can launch your token in exchange and pave the way for exchanging with top cryptocurrencies and fiats in the market.
So this is how the ETHEREUM raised money with a token sale of 3,700 BTC in 2014. ICO used to run as Pre-ICO, ICO, and Post-ICO Strategy. This is how the Roller Coaster initiates to hit the market.
Token Sale, Legit!
Regulations for cryptocurrencies keep on changing and there is different countries’ Cryptocurrency growth and this eventually causes many incidents like cyber theft, trading halts, and market manipulation.
Before launching your own initial coin offering script on any location, you must be aware of the regulations already enacted there.
- There are few jurisdictions that have regulations for launching this.
- Some of them are Australia, Canada, China, France, Russia, United States, Gibraltar, Thailand, Israel, Estonia, Switzerland, UAE, Malta, and Singapore.
Nub of ICO
How one can launch the ICO economically?
Being economical should not create any risk factors in the fundraising. There are some key points that we should be aware of.
1. Before launching this, you should be very well that, How we are equipped? You should be double-check and confident in the Idea, Team, Platform you selected.
2. Yeah! Now we are all set, What about the security? Whether we checked about the hackers, cyber-attacks? We have to consider it and take necessary backstops.
3. Next comes the region where you are going to launch this, a detailed analysis on the region in terms of Legal as well as demand for the project. If you hit the Right door, then Boon is all yours!
4. Then, have to work as per the white paper and Roadmap as promised to every investor in the crowdfunding campaign.
5. Running ICO Bounty and Sign-up bounty for bloggers, investors, marketing person will help to attract more investors.
Launching an ICO is a better alternative to avoid greater scrutiny. But, all fingers are not same and all the ICO’s core value is not same. Now, all you need is a well-equipped solution that fits your market strategy.
KIR HYIP provides you an advanced auto distributing solution that can be used as one-size-fits-all or as customized. Also, it provides you a wide range of customized ICOs and HYIP scripts, there won’t be any restriction on this service, and as we say it’s more economical in terms of expenses.
KIRHYIP Solution 