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What is ICO?
Typically ICO is nothing but a fundraising method for a particular project mostly for crypto projects. Here tokens play a role, which underlies the concept of "share". In business terms, these tokens are called as digital or smart tokens. Investors are invited to join the ICO program by investing on a crypto token.
People who have the tokens are liable & eligible to acquire the share of a crypto project. To buy, sell or invest in crypto tokens, ethereum used as a general payment method in most of the ICO campaigns.
A future fundraising model for all digital startups!
2017, has witnessed a lot of cryptocurrency startups which were raised maximum funds through ICO.
It is the success strategy of ICO. So by understanding the reality, many other startups apart from cryptocurrency industry also started to use ICO as their fundraising model.
Rather considering the type of the business, entrepreneurs Flocks to ICO model. So we can predict that it is the easiest way for entrepreneurs to mark their presence in digital industry
How can you make a business through ICO?
Every ICO involves these three peoples
1. The one who looking to raise fund for his/ her projects
2. The one who interested to buy tokens investing on it
3. And the one who provides a medium for these two people.
Here the third man makes business through the above two people who involve in ICO.What he actually doing is he provides a secure, trustworthy medium for the investors and owners to raise funds for their projects.
So If you want to make an entry as an entrepreneur in ICO network, you can choose the third one.
Is it possible for someone to set up an ICO platform with a top secured layer?
Sure it is possible. but you should have a support of a well-experienced developer, designer and proper support from a techie guy. We can split up the ICO model into two one is smart contract system and digital token system. This split up helps the entrepreneur to take up their fundraising method in an enhanced way.
How to launch a successful ICO Business?
ICO - The Next Big Business Opportunity
Bitdeal provides ICO business solution for entrepreneurs and helps them to set up their own secured ICO business platform. They can function it as a medium for investors and owners who looks to execute their ICO campaign.
Inquire bitdeal at any time, to know more about the ICO business solution!
Hey Peeps !! This is Anushya an enthusiastic and energetic individual who persists in the field of Blockchain and Cryptocurrency for more than 4 years. At present, surviving as a Business Consultant and Blogger at Bitdeal. I am fascinated towards the upcoming trends and technologies in the digital globe. Stay tuned with us to move forward with innovations in the crypto industry !!
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