Crowdfunding might be a good choice for a budding enterprise. In this digital era, we can even collect digital funds using cryptocurrency. ICO, IPO, ILO, and IDO are some of the types of crypto crowdfunding. In this blog, we will be talking about Initial Coin Offering (ICO) in detail. 

But ICO launching is not an easy task. It requires you to follow the ICO Development guidelines. A reliable and trustworthy ICO’s will get noticed by investors since they do not want to be affected by ICO scams spreads in the world. This blog post will describe the ICO development process and the essential areas that need to be taken care for driving the best results.

ICO development Process

Before getting into ICO development, understand what an ICO is, ICO is actually relevant to your start-up company and ICO goals. Once you have gathered all the prerequisites, hire a reliable ICO development company to get complete assistance to proceed with successful ICO development.

Appealing white paper 

Develop a new appealing whitepaper with complete details about ICO objectives, the required budget, what kind of currency will be accepted, and time allocation for ICO campaigns. The whitepaper needs to clearly define the scope of the project and helps to attract potential investors to get funds.

A whitepaper will have information written below. 

• ·         Objective and scope of the project
• ·         Initial capital required to start the project
• ·         Project team information
• ·         ICO campaign duration
• ·         Amount of tokens investors will get
• ·         Type of crypto the entrepreneurs will get

If the project whitepaper seems shady, then the investors can step back from it. Thus, the whitepaper should gain the trust of the investors.

Read More : Launch ICO

Dashboard Creation

Build an optimized ICO dashboard with all advanced features and plugins to enable you and your investors to better control ICO fundraising. It will help the investors to get real-time updates regarding the new investment.

Website Development

Now every business turns digital and having a website to grow their brand. Likewise, ICO needs a website. Develop a simple, smart, intuitive website to tell your ICO across the globe, reach reliable investors, and convince them to invest in fundraising projects.

ICO Marketing Services

The success of ICO depends upon your ICO marketing. It would be best if you availed  optimized ICO marketing services. It helps to promote your ICO globally, find potential investors, and pull them into ICO investment. But, there are so many ICO’s still present in the market. To make your ICO unique and attract investors, you need to keep eye on recent trends, competitor's strategies and implement the optimal solutions in ICO.

ICO Token Development

Finally, develop your ICO token by partnering with an ICO development company.

Utilize all cutting-edge technologies and security functionalities to make your ICO reliable, robust and risk-free.

Types Of ICO tokens

1.      Utility token

These tokens are more like pre-ordering a product. Utility tokens will not give a share in the company but in its project. Investors can use these tokens to access the ICO product post-launch. 

2.      Reward token

The purpose of reward tokens is to symbolize the recipient’s reputation, relying on the positive impact they create on the blockchain. Also, one cannot trade these reward tokens. 

3.      Asset token

Asset tokens are becoming popular in recent times. The original value of the physical asset linked with the token will represent its digital value. 

4.      Equity token

Investors with this token will actually become the partners of the project. They will participate in the decision-making processes too. So, when they buy an equity token, they will get the right to some portions of the blockchain project. 

Conclusion

Even though ICO helps raise funds and get more investors, you should be considerate about the launchpad it is listed in. So, you should choose a dedicated launchpad development company to have your own trustworthy launchpad to raise funds. Through this blog, you have gained knowledge to get started on ICO development. Suppose you are interested to launch a new ICO for your business,  In that case, you can approach Blockchain Firm, the best company specialized in ICO development Services that provide optimized solutions to launch and promote successful ICO for driving the best results.