Initial Coin Offerings(ICO) is similar to crowdfunding and IPO's with little changes. Here we are listing few points you should consider before launching ICO'S:
1. White Paper
The white paper should give a clearcut description of the project ideas, the fundings required in each stage, rewards and risks involved in the project. By reading the whitepaper the investors should be able to sense the whole architecture of the business.
2.Token economics
Tokens are the markers of value which you get back after investments. Token distribution should be clearly explained to make investors to get attracted towards the business. Tokens should have a role in the operational level of the project. Decide on how you want to incentivize your contributors with the tokens issued to them.
3.Build a great team
If you have great ideas but lacks a proper team to execute them, then no one will trust you. For example, if you are doing blockchain related project then people who know each and every loophole of blockchain is needed.
4.ICO Marketing
Customer awareness does matter and especially in ICO campaigns, it's necessary. Brand awareness through digital solution platform is neatly performed through marketing services offered by the best ICO development company.
5.ICO Wallet and Website
You definitely need a wallet to store the funds collected through ICO. ICO Wallet can be used for storing this digital money.
A professional website is required for people to evaluate the progress of the sales and using this portal they should get ideas regarding how to contribute to your business.This method also provides branding to your business.
For more information read our webpage:
https://www.epixelmlmsoftware.com/ico-development