ICO crypts what is this?Barry Copeland 10 / March / 18 Visitors: 611
ICO crypts what is this?
Cryptovalues and platforms for working with them, stock exchanges, are attracting people's interest more and more day by day. Trading on cryptovalues is almost no different from trading on traditional exchanges, with the difference that not every cryptovalue exchange works with real (fiat) money. In addition to this undoubtedly important option, the attractiveness of crypt exchange is due to many other factors, ranging from the security of transactions, the speed of their execution and ending with such an important advantage as the number of currency pairs available for exchange. And it is thanks to ICO, new coins appear in the market of crypt currency, which becomes one of the factors that leads to sharp jumps in rates of already existing currencies (such situations in traditional markets do not have to be observed). Given all the above, we advise you to be careful in choosing the exchange of cryptovalut.
What is ICO cryptovalut?
ICO cryptovalue is a way to attract investment by selling an initial stock of new cryptovalue coins on the market. Usually this initial stock is formed as a result of the first issue of new coins. In fact, ICO cryptovalut is a new form of crowdfunding, where investments can be directed to any project, but most of them go to the development of a new cryptovalut project or other projects based on the technology of blockchene (for details see BrokerMan website).
The term itself came to the market cryptovalyut from the stock market and is analogous to IPO - the initial public offering of shares of a company on the stock exchange. Since its inception, ICO cryptovalut offer two types of tokens on the market:
Dividend tokens - giving their owners the right to receive in the future profits from the project of a new cryptovoltaic currency;
Utility - tokens in such projects act as ordinary cryptov currencies and do not give any additional rights to their owners.
Recently, the ICO cryptovalue market has been developing towards purely utilitarian tokens - this is evidenced by the vast majority of such projects in the market. The reason for this is that the legislation of some countries in the world in case of granting tokens additional rights to project revenues in the future treats such instruments as exchange ones and requires reporting of such projects to regulatory authorities.
The process of issuing a new cryptographic currency to ICO takes several stages:
Stage 1: Announcement.
The authors announce to the public a common vision of their project, hold conferences, meetings with potential investors, answer questions, write articles and notes. The purpose of this stage is to find out the market interest in the potential project, forming the details of the project.
Stage 2: Offer.
The project should receive the owner company and legal registration in the form of an offer. The offer is an official statement of the legal entity with the description of the project, implementation terms, conditions and everything else. The project receives its website and official pages in social networks.
Stage 3: Advertising.
To the project ICO cryptovalyut connected all possible marketing resources - media, social networks, forums, presentations, thematic resources. This stage is crucial for the success of the project.
Stage 4. Sales.
From this point on, the process of token implementation begins. Usually at the beginning of sale is carried out directly from the official site of the project, and then the tokens are displayed on the cryptovrency exchanges. The release of new tokens on the exchange adds to the project solidity in the eyes of potential buyers, but there are many examples where this output accompanied even failed projects ICO cryptovalyut.
ICO cryptovalut - take part
Nowadays, cryptov currencies are most often associated with record growth of their quotes in recent years - this explains their popularity among investors. The classic process of mining is no longer so cost-effective and it is ICO cryptov currencies that come to the fore as the primary source of coins. So how to take part in this process?
First, it is necessary to thoroughly study this area of investment - the history of ICO cryptovalut knows both dizzying successes and failures. That's why a potential investor needs a full immersion in the topic - specialized sites, news in the media, thematic forums and other resources dedicated to investment issues will give the opportunity to thoroughly study the topic and keep abreast of the latest market trends.