In the last three years, there were thousands of ICO events that took place. There are different factors that influence the success of an ICO and some of them are more critical than the others. One of the essential factors is the popularity of the ICO’s website.
Venture capital firms are always looking for highly lucrative, long-term profits. One of the aims of ICO is to distribute wealth across a broad set of people. Some IPOs have centralized investing format, which is accessible only to a small group of investors. ICO can be mixed with crowdfunding to let more people access it.
The crypto sector has grown exponentially and it still offers a trove of huge financial opportunity. Through ICO, start-ups can raise funds, but the amount of competition can be quite high in some sectors. To succeed in ICO, project creators need to stand out and position their products prominently.
Bitcoin is often used in ICO, but you can use other cryptocurrencies as well, including Ethereum. If you plan to choose Ethereum for ICO, you should make sure that you won’t be scammed. There are a few pointers that you need to be aware of and you need to make sure that you can trust the team behind ICO.
Researchers from Boston University reported recently that more than half of crypto-related projects last less than 120 days. The low survival rate is a big concern for many investors and business owners.