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5 actionable tricks need to know before launching an ICO

Are you planning to launch or running the ICO but struggling to make it work for you? <br><br>Perhaps you are facing a low public interest, not drawing enough investments, all in all a poor experience to visitors. <br><br>Actually developing a successful ICO can be one of the most complicated processes, if not executed properly. <br><br>There are hundreds of different features that need to focus on, and even more other significant metrics to worry about. <br><br>On top of this, investor queries about road-map, technology, white-paper and many such tasks can tie you up for hours. <br><br>You could potentially spend days on blockchain crowdfunding every single week and hardly make any steps forward. In short, you fail to optimize and setting up a thriving ICO. When it comes to fund collection then an ICO is a king that’s why you cannot give up on it.

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5 actionable tricks need to know before launching an ICO

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  1. 5 ACTIONABLE TRICKS NEED TO KNOW BEFORE LAUNCHING AN ICO WEBCOM SYSTEMS Blockchain Development Company

  2. What is an ICO ? Emerging out of conventional financial system an ICO is convenient and faster way to collect funds for running a project. In this digital crowd funding method crypto assets or tokens are released to kick start new projects. In conventional business economy many traditional companies release there IPO’s (Initial Public Offerings) or shares on the stock exchange. Likewise in crypto industry companies release ICO’s in form of tokens or digital assets on a crypto currency exchange. To make it more comprehensible it will not be wide of the mark to say that here “ICO” is an analogue of “Share” and “Crypto currency exchange” is the analogue of “Stock exchange”

  3. Benefits of issuing an initial public coin offering As an ICO website is powered by next generation decentralized blockchain technology therefore it is much cheaper, safer and faster. Here’s the real beauty! On traditional stock exchange listings only well established companies get opportunity to list. Contrary to this on cryptocurrency exchange even a startup having little experience can easily issue ICO’s for crowd funding. The feature that set’s it far ahead is its transparent nature and restriction free operational system. Upshot is that breaking the professional arenas now anyone having a great idea can easily become an entrepreneur.

  4. 5 INDISPENSABLE TRICKS TO LAUNCH AN ICO

  5. ALWAYS BE WELL PREPARED WITH CONCEPT AND STRATEGY An ICO thrives only if it is based on a solid foundation of a great concept. The initial launchers need to be utterly defined in their approach about idea, goals, roadmap, compliance, governance, funding and policies. To successfully navigate through the pre-ICO and after launch ICO-phase your strategy and financial policy should be clear. Crux is meticulously plan what procedure and approach will be followed to freeze, spend, buy, burn tokens and distribute dividends.

  6. DESIGN A COMPREHENSIVE WHITEPAPER Whitepaper is actually the first promoter that gives prospective investors a complete view about an idea. It advocates the idea so as to catch the attention as well as effectively draw funds for crowd sale. Therefore, before going for an ICO launch a company needs to thoroughly structure its whitepaper discussing details about regulations. Casting spotlight in a step-by-step manner a whitepaper should focus to generate leads and build brand image.

  7. GO FOR RIGHT TECHNOLOGY ENSURING SECURITY Technology is actually the fuel behind the success of any ICO. And when it comes to ICO technology nothing is better than Ethereum blockchain or simply Ethereum ICO. Still if you are looking to create your own blockchain then be sure that you have right expertise. Mind it! Any flaw in the technology adoption can prove detrimental as hackers are always on move looking for compromised platforms. Therefore, be well prepared for the hackers to avoid any loss of collected funds.

  8. ENSURE TO HAVE A TEAM OF SEASONED PROS Always remember financial market is competitive so right from the beginning it’s not going to be cakes walk. So, to last the tough market all that is required is a tough management team. Ensure the team should have thorough expertise in blockchain ICO technology and crypto market. In fact, to enhance chances of success it’s better to go with a team having broad spectrum of pros. Like experts in computer science, cryptocurrency market, software development, financial market etc.

  9. ADOPT WIDE-RANGING PROMOTION CHANNELS HIGHLIGHTING TIME FRAMES To establish successful engagements with prospective investors all that are required is a right promotional strategy. For achieving the desired results proper analysis of promotional strategy to be followed should be done. Bottom-line is that to aggressively push an idea support from all social media platforms is of utmost importance. Therefore, keep all promotional channels like Facebook, Twitter, LinkedIn, You Tube and Pininterest etc. not only open, but also active.

  10. WEBCOMSYSTEMSPVT. LTD. 402, 4thFloor, ElanteOffices, Industrial Area, Phase1Chandigarh. Phone: +919216242512 oremailusat sales@webcomsystem.net

  11. THAT'S ALL, FOLKS! THANKS FOR LISTENING.

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