How does an ICO works?

ICO will be essential when a startup comes up with an idea of a blockchain related project and want to propose it to the community.

Let us see how initial coin offering works,

Pre-sale announcement

In the first step of ICO, an official pre-sale announcement will be provided regarding the planned project.

If it is a good idea then the next step is to create a white paper that contains complete details including the team working behind it, to the technical information and future aspects of the project.

Offerings

Deciding about the number of tokens that will be distributed, the price of the token and how the tokens will be used in the project.

PR campaigns

It’s the time to hit the market! Attract investors around the world by launching Public Relations, digital marketing and media campaigns which helps to gain potential investors.

ICO sale

The ICO date will be made public when the token sale begins. The required funds can be collected within this defined time period, after that the sale closes.

This is a brief summary of how ICO works and there is a lot of work behind these scenes. As an outcome, the startup can get enough money to kickstart their project and the investors, in turn, get tokens with the hope of getting future profits.

If you are a startup and looking to start your ICO, then build yours with the team that knows in and out of it. Coinjoker is the outstanding ICO software development company in Turkey , specializes in all sorts of development services related to blockchain technology and cryptocurrencies. Their team of ICO experts provides you the best ICO solutions right from the developing to marketing.

Know their ICO software development services here--> https://www.cryptoexchangescript.com/ico-software-development