Most Common ICO Mistakes

  ICOs have now become the new way to fund start-ups and projects related to blockchain development. ICOs are a new rage vs the more established venture capital route. Cryptocurrency projects and initiatives are now booming, thanks to ICOs. Correctly formulated ICOs coupled with well-executed plans, a logic for the smart contracts, in addition to reliable token economics are some of the features of a well-executed coin offering.   However, all is not a pretty picture when it comes to raising funds through an ICO. There are some common ICO…

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The rise of the ICO and what it can mean for Cryptocurrency

ICO – short for initial coin offering – is an upcoming trend in crowdfunding which uses cryptocurrency and is backed by blockchain. For firms looking to raise money for operations and innovation, there are a handful of options out there which they can use.     Traditionally, the common practice was to wait for the company to make enough profits to contribute to expansion and development, which restricted the firm to only the funds generated by the company. However, as a different option, firms can opt for sponsors or investments…

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What is an ICO?

What is an ICO? With the success of Bitcoin, there are many cryptocurrency projects popping up. ICO’s, known as Initial Coin Offerings, is a way that these projects gain funding.  ICO’s are similar to an Initial Public Offering ( IPO ) in which investors purchase shares of a company.   Related reading – 11 Of The Biggest ICO ROIs Of 2018   Since the ICO explosion began in 2017, over 800 ICOs were launched, raising a total of approximately $20 billion. Where Did The Money Go? Inside the Big Crypto ICOs of 2017 – Forbes investigated…

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