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An Initial Coin Offering (ICO) is a decentralized fundraising method that allows companies—particularly startups—to raise funds without the involvement of traditional financial intermediaries such as banks or venture capitalists. Instead of selling shares, startups issue tokens that represent access to a product, platform, or service within their ecosystem. These tokens are built on blockchain networks such as Ethereum, BNB Chain, or Tron, using token standards like ERC20 or BEP20.
Step-by-Step Process of Raising Funds Through an ICO
1. Conceptualizing the Project
2. Creating the Whitepaper
3. Token Development
4. Marketing and Community Building
5. Launching the ICO
6. Exchange Listing and Post-ICO Growth
After the ICO concludes, startups typically list their tokens on popular cryptocurrency exchanges to ensure liquidity and increase visibility. The funds raised are then used to develop the project, expand the team, enhance technology, and execute the roadmap. A transparent post-ICO plan helps maintain investor confidence and builds long-term credibility. To know more @ https://www.coinsclone.com/ico-development-company/
An Initial Coin Offering (ICO) is a decentralized fundraising method that allows companies—particularly startups—to raise funds without the involvement of traditional financial intermediaries such as banks or venture capitalists. Instead of selling shares, startups issue tokens that represent access to a product, platform, or service within their ecosystem. These tokens are built on blockchain networks such as Ethereum, BNB Chain, or Tron, using token standards like ERC20 or BEP20. Step-by-Step Process of Raising Funds Through an ICO 1. Conceptualizing the Project 2. Creating the Whitepaper 3. Token Development 4. Marketing and Community Building 5. Launching the ICO 6. Exchange Listing and Post-ICO Growth After the ICO concludes, startups typically list their tokens on popular cryptocurrency exchanges to ensure liquidity and increase visibility. The funds raised are then used to develop the project, expand the team, enhance technology, and execute the roadmap. A transparent post-ICO plan helps maintain investor confidence and builds long-term credibility. To know more @ https://www.coinsclone.com/ico-development-company/0 Comments ·0 Shares ·1K Views ·0 Reviews
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