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.
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.
ICO has become a common term for concentrating and distributing crypto-currency for business purpose. However, there are new trends that we will soon see in the future:
ICO or Initial Coin Offering is an innovative way to obtain fund, if business owners can assure people about the validity of their new products and services. ICO works like any crowdfunding project, but it’s still relatively unregulated.