Success Factors for Initial Coin Offerings (ICOs)

An Initial Coin Offering (ICO) is a fundraising method that trades future crypto coins for cryptocurrencies which have an immediate, liquid value. Usually, a percentage of the tokens is sold to ICO participants and a percentage kept for the company’s needs (private investors, etc. Terms differ from one ICO to another). An ICO allows both big and small investors to fund the projects they like. The recent year carried thousands of successful ICO stories. The purpose for the project is obvious. The goal for the investors of the ICO is that the price of the token would be higher (or much higher) than the token’s price during the ICO. ICOs are really hot among the crypto investors. Recently, Hdac and Filecoin collected respectively astonishing amounts of $258 and $275 million. Whether you are seeking funds or looking to invest funds perform your 360 degree due diligence to ensure the coin originators, their company and legal structure are all above board before joining the company let alone investing your hard-earned funds. Hope this helps. Lawrence, Crytptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)