Step 1: Answer the question - why should you do an ICO?

There are dozens of reason to do an ICO. And it is not only about money. It is the audience you are creating for your project.
You need to understand that for every one dollar raised during ICO you get three dollars of value. There is a big difference between ICO and venture capitalist investment. When you receive money during an ICO, you get people who are your company stakeholders and who are interested in your company to grow and have a good reputation online. Your company reputation directly affects the price of your coins that is why most of the investors will be more involved with your project then average venture capitalists.
We had enlisted most common reasons to make your own ICO:
- Your company needs investment, and you do not want to get credits from the banks.
- You have a great idea that will change lives of millions of people, and you need money to make it happen.
- You want to do an ordinary crowdsale where you will give everyone who will support your company a product or a service that you provide.
- You want to market your project and attract the additional attention of your target audience.
- You are famous, and you want to monetize your social capital by providing value to the community.
You have to remember that doing an ICO might take a lot of time and energy and provide no result. That is why you need to think twice before doing an ICO vs. crowdfunding.
Proceed to Step 2: Key milestones for you to get ready for an ICO.
Join our community and visit our website to review ICO Dashboard Solutions:
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@icoexecution — chat where you can ask any question about ICO
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