An Initial Coin Offering (ICO) is a way for cryptocurrency startups to raise fund before the coin is actually launched. The concept is similar to the Initial Public Offering (IPO). An ICO startup sells a fixed percentage of its future cryptocurrency to the first few investors of the project, usually in exchange for real money.
Wingstud Infotech is a professional ICO development company that can help you develop a customized ICO campaign according to your project needs. We have worked along with several cryptocurrency startups to help them create and market their crypto coins through proper ICO solutions. Depending on your needs and budget, we can even help you establish a pre-ICO in order to raise money for your ICO. Continue reading to know more about our ICO development services or get in touch to consult with one of our cryptocurrency experts.
An ICO campaign, as we mentioned above, is created temporarily with the purpose of raising funds for a specific project. For a successful ICO campaign, the development company will need to prepare a business plan based on the details like project summary, purpose, expected date of launch, benefits for investors, the target amount of sum to be raised, and the duration of the campaign.
Once the campaign is created, we will start selling the crypto coins, also called as ‘tokens’, to those people who are interested in supporting your coin by investing in it. These tokens are similar to shares, which are purchased by your investors. In exchange, you grow funds to start your project. The campaign will run for as long as it takes to raise enough money for your cryptocurrency startup.
The process of creating a white paper includes the following steps
You will be kept informed of the progress of your project through regular updates via email/chat or by sending project reports by our project manager.