Learn how to Develop your own ICO and raise huge funds for your venture!
ICO’s are the hottest way to raise funds at present, in the cryptosphere. Before discussing the development of ICOs, let’s take a quick look at what ICO means.
What are ICOS?
ICO stands for Initial Coin Offering, which is a fundraising method where the customers are issued with coins/ tokens that they sell to potential investors, to raise funds for their startups. The demand and popularity for ICOs are booming tremendously, because ICOs are unregulated and do not involve any central authority which makes the process more convenient and efficient. Also, with ICOs, the investors do not have to pay anything back from what they raise from their ICOs. ICOs are transforming the economic model of businesses and have the power to determine the future of your business. With the evolving trend and demand for ICO’s, if you are looking to develop your own, there is no better time than now.
Now, let’s learn the best ways to develop reliable, credible ICOs to attract a wide range of investors around the world. Before going into the development, there are four essential stages that you need to look upon with utmost care. Let’s find out what they are.
Four essential steps before development of ICOs:
- With the emerging trend and popularity for ICOs, it is mandatory to conduct extensive research to understand the market needs and requirements, and provide solutions that meet them. This helps in gaining traction among potential investors, sustain and stand out from your existing competitors in the long run.
- Conduct in depth analysis on your existing competitors and the services and benefits they provide, to make your solutions unique from them which will drive your customers towards your project.
- Get in touch with experts, talk to them and gain advice on terms of legal and financial aspects, to avoid any confusions in the future, and to carry out a hassle-free business. Also, this will help with reduced costs and quality technical guidance.
- Last but not least, hire a top, well experienced ICO software development company. This is because they will have ample amount of experience and knowledge and will provide advanced solutions meeting the market requirements. Also, opting for ready-made solutions instead of developing from scratch, will save up a lot of time, money and helps attain professional technical assistance. So, make sure to choose the right platform.
If you want to know what ICO development services such companies offer, here’s the list of the most common, crucial services included.
What are the services included with ICO development?
- Legalisation
- Drafting whitepaper with clear vision and explanation about the ICO
- A user-friendly, easy-navigable website
- Investor Dashboard set up
- ERC20 tokens creation
- Blockchain technology and smart contracts integration
- ICO landing page
- Secured Wallet set up and coin drop
- ICO press release kit
- Unique marketing strategies to promote ICO globally
- Bounty management
- ICO listing services
- Coin price pump
These are the top essential services offered by an ICO development company. With the right choice of company to develop, your ICO will reach global customers, expand your scope and gain credibility over competitors and increase funds for your venture exponentially. So, choose the best ICO developer today, become viral in the market and earn millions.