How to Choose ICO Development Company
Amid changing economic instruments and trends, entrepreneurs often experience the greatest excitement. After all, it gives the opportunity to bring the business to a new level, but also puts the company at risk. Since 2010, cryptocurrency and everything connected with it has become one of the foremost trends.
The main cryptocurrency technology is blockchain. However, this market contributed to the development of such phenomena as digital wallets, crypto exchanges or smart contracts. The most attractive is the development of ICO-campaign for entrepreneurs. After all, this process helps to attract capital by offering new cryptocurrency in return for other popular digital assets.
If you do not have a technical education or you do not have sufficient qualifications to develop an ICO, the choice of a specialized company is the best way out.
Initial Coin Offering is the process by which a company sells its tokens to investors. In the future, they can be used on the platform itself to pay for goods and services or trade them on the exchange.
Investors are attracted by the opportunity to benefit from the future sale of these tokens at higher prices as a result of the development of the project. Also, very often they invest in order to use tokens for their intended purpose, namely, to get the company's goods for a lower cost.
ICO is almost an integral part of the new crypto business. After all, thanks to it, you can accelerate the development of the project and quickly bring it to the top of the rankings.
You can launch ICO without third-party assistance, if there is enough opportunity, time and money. But this process is very laborious and extensive. Perhaps a person has such wide knowledge in all spheres, but he physically lacks the time and energy to do it.
That’s why often for these purposes is concluded a contract with a company that has a competent team. In the end, it turns out cheaper, because everyone does his own business, which means the probability of an error and additional expenses are less.
As it was said, one of the tasks of the ICO is to attract investors. Because the company should be able to offer unique support for your marketing strategy. Depending on their resources, contacts and skills, the coverage varies from a few people to the best half of the cryptocurrency community.
So, good ICO developers should have:
In this case, the ICO developer should have developed accounts in such forums as Bitcointalk, Reddit and Steemit. Users most of all trust information from these sources. For the ICO development company, this should not be difficult.
ICO developers never bring their methods to the masses. But they can familiarize the potential client with examples of tactics during previous work.
The strategy should contain:
Also, it should be borne in mind that this stage, as a rule, contains separate promotional offers and bonus program. They require changing the conditions for issuing a token, as well as the possibilities for its future use (for example, a large discount on services, providing a premium account for a certain period).
Implementing all these changes is quite difficult. For this we need individual specialists. Therefore, the automation of all sales and additional offers should be carried out by the consulting company with which you are planning to cooperate.
Every time when describing cooperation with any company, I recommend carefully checking licenses and documentation. However, people are still stepping on this rake. And we can not confidently say that this is their mistake. Today, there are many legal commissions that are actually created for fraudulent purposes.
What can you do by yourself?
Huge earnings through cryptocurrencies are still raising red flags in the government of many countries. This is especially true of regions that have not previously worked with ICO. Therefore, accounting services are a good advantage when choosing a development company.
Most investors today are localized in the Asian region. Therefore, an ICO development company should be able to provide a direct presence in countries like China or Korea.
An efficient company should also provide:
The easiest way to do this is when a member of the team responsible for an element explains everything on his fingers. In other matters, this should be his responsibility. If the ICO development company provides assistance at the initial stages after the end of the campaign itself, this is an absolute advantage. It will be easier for you to join the new rhythm and strengthen the initial success.
Undoubtedly, ICO can be conducted independently, hiring only a few narrow specialists. But I repeated several times that this is a very long and laborious process. If you have deep knowledge and capabilities in different areas, you physically do not have enough time and energy to put it in the place.
Directly your company will receive such benefits: