As a fact, an individual or a company can raise capital for a business purpose. crowdfunding is an effective mechanism for small and medium enterprises to raise capital for business projects by promoting the project idea to the global investors which are not applicable in the traditional process, by the traditional approach you can reach out to a particular group of investors to raise funds. Whereas through the crypto crowdfunding platform you can reach out global audience.
Types of crypto crowdfunding platforms
ICO - Initial coin offering
STO - Security token offering
IEO - Initial exchange offering
ICO
The Initial coin offering is the foremost and popular crowdfunding platform in the crypto industry. The ICO platform supports utility tokens that are generated on the blockchain. The beneficial aspect of ICO is that it is easy to launch as it does not require any legal compliance for crowdfunding.
STO
The security token offering the advanced phase of crowdfunding. The STO platform supports security tokens where the tokens are generated based on the real-time asset value. The security tokens include Equity, Debt, and Asset token. The peculiar nature of STO is that it requires legal compliance to launch a platform hence it supports a real-time asset for fundraising.
IEO
The Initial exchange offering is one of the crowdfunding models which has similar to the ICO whereas the token generated can be listed on the exchange platform for the token sale. The tokens are listed to ensure the security of tokens.
How to develop the crypto crowdfunding platform?
- Choose the desired crowdfunding model as per your requirements (ICO, STO, IEO)
- Have a business idea
- Choose crypto legal countries
- Create a token (choose the required blockchain and token standard as per the crowdfunding model)
- Draft whitepaper
- Create smart contract
To acquire the best services to launch your own crowdfunding platform, Ensure to choose the right service provider that offers crypto crowdfunding platform development. I would like to suggest Icoclone, a reputed service provider offers the best services for ICO, STO, and IEO development.
For more queries regarding the services, connect via
Whatsapp / Telegram: 91 95005 75285
Email: hello@icoclone.com
Skype: live: hello_20214