A short note about ICO
Fundraising is not a new concept to deal with as it is the driving factor for any business, especially for startups and entrepreneurs. The same rule gets applied to the crypto sphere too.
Many innovative crypto projects face a major obstacle in the form of funds. To get rid of this issue, ICO is used. ICO is nothing but an acronym for Initial Coin Offering.
It is one of the most preferred fundraising approaches followed by startups who want to raise funds for their crypto-based projects. This crowdfunding tool is cost-effective and is a popular choice among crypto entrepreneurs.
In ICO, new projects raise capital funds by selling crypto coins or tokens to investors in return for their investments. You need to use the mission-driven ICO development services if you want to launch your ICO successfully with zero percent complications.
Two main types of ICOs
Public Initial Coin Offering
It is more like an IPO and is defined as crowdfunding aiming to attract the attention of investors and the common public. In this fundraising process, individuals participate in the process where they take the role of investors.
Private Initial Coin Offering
As the name suggests, the process engages a limited number of investors to raise capital for projects. In this process, one can select the amount of minimum investment needed to join your Initial Coin Offering.
If you plan to launch a token to raise funds, utilize the best ICO development services from a reliable ICO development company in the crypto town after conducting tedious research.
A trusted ICO development firm delivers the best services to optimize the ICO project, from concept creation to project development.
A crew of developers who have prior experience in ICO launching assists you throughout the process and helps you to stay ahead of other potential competitors in the market.