Why we need KYC for ICO Process?

Needless to say, ICO did create a huge impact amongst the tech geeks and the investors.

Though it was initially hard to move on from ICO to IEO, the adoption did bring in a lot of benefits to both the investors and the token creators.

At the same time, the industry did witness a boom in the IEO development companies.

Unlike ICO, IEO takes place on the exchange platform.

Although ICO did well in the early stages, the loopholes were overly misused.

IEO is developed with the thought that all the shortcomings in ICO should be patched along with providing only credible projects to the target audience.

Many of companies over the world are faced with a problem of funding.

In this article, we will consider Initial Coin Offering (ICO) investment scheme.

But instead of shares, investors or people who just want to support the project buy ICO coins (also known as altcoins) or tokens via Initial Public Offering (IPO).

So, to create your own coin, you have to develop own blockchain from scratch.

So, it takes much less time for a development team to build a token based on existing blockchain solution than to create one on their own.

We hope that we've managed to cover all questions related to 'what is initial coin offering' and 'cryptocurrency coin vs token'.

But starting an ICO as a way to raise funds for any company that wants to raise money to create a new currency, or app service.

This token has some advantages over the use of the product or service offered by this company, which represents a stake in the company or project.Initial Coin Offering Workscryptocurrency startup wants to raise a money as an ICO, and now it usually creates a white paper, but what is its project, so how does it meet its need when a project is completed how much money is needed in it, what kind of money do the founders keep, and what kind of money do they receive, Let's see how well this ICO campaign works.During this ICO campaign, all those who are interested in this project and those who support it buy some tokens of this project using Fiat or digital currency.

Even if these funding requirements are met within a specified time frame, the money raised will be used to pursue the objectives of the project.ICO DevelopmentThis ICO development is now the best way for startups to raise start-up capital for their crypto-based business opportunities.

An ICO campaign enables investors to help build a sustainable cryptocurrency project by purchasing all of the newly mined tokens instead of the legal tender.

The potential of this ICO is like an IPO for investors to buy shares of an organization.Along with this ICO development service, Develop coins help to increase fundraising opportunities for a project.

It helps at every stage of the development of this ICO itself, a bounty program manages it, as well as creates a white paper, manages the backend and expands it.

Yes, of course, maintaining public relations via press releases has now become an increasingly existing trend for the blockchain-based venture capital firms to raise their fund levels.

The reason why PR makes businesses to stand out from the crowd is that it can be able to reveal a persuasive pitch concerning the absolute theme of ICO project and the ways to overcome the challenges appropriate to the market conditions as well.

PR marketing procedures to improve conversion rates:

PR marketing actions are the innovative tactics used by blockchain startups to reach their targeted customers.

Hence, it should always be right for any startup to hire a competent writer, who can be able to deliver clear and precise marketing copies for the PR event.

If anyone wishes to run a result-oriented PR campaign for an ICO event, then he should consider the following aspects:

If you are looking forward to launching in ICO and to participating, you can know here, how they can raise funds and launch a successful ICO and when you start your ICO.

Blockchain App Factory comprises of a team of some of the best ICO developers in India, who is well experienced in the field having completed a number of successful projects, and will provide reliable blockchain integration that will guarantee security and sustainability for your ICO in the market.

Our team will help you brainstorm ideas and create a perfectly unique plan that will extent the entire lifecycle of your project, from pre-ICO to post-ICO.

An uncluttered ICO based platform existing for every latent investor.

Increase in the value of the circulated tokens which leads to a high return point in future.

Whitepaper Drafting – Accurate and through whitepaper services to propose your newly developed crypto coin to the market.

Why choose us as your ICO Development Company?

We are rapidly emerging as the most sought-after ICO Development Company across the world and offers feature-rich solutions right from idealization to its successful launch.

This exchange, which has been called the crowdfunding of the cryptocurrency world, is seen by some as a controversial and unregulated way of raising funds for a business.

To find out how you could benefit from using an ICO, jump to our infographic below.

An ICO uses tokens, which are representations of another asset and have no intrinsic value.

For example, cash has no intrinsic value but is accepted as legal tender through government regulation.

These tokens reside on top of a pre-existing blockchain (networks of data linked together using cryptography), are easy to create, and use a self-executing code to operate.

Like any other campaign for raising capital, your campaign should include detailed information for the buyers of your crypto tokens.