Initial Coin Offering has been the most popular way of fundraising for Blockchain projects. The process was much simple compared to traditional crowdfunding platforms. Therefore, most of the startups started using initial coin offering script to build an ICO Website to list their tokens.
- Draft your ICO Whitepaper
The Whitepaper should include details such as the business model, the team involved, the current market, the roadmap, etc. Most of the investors can identify your complete project details if your Whitepaper is drafted accurately.
- Develop project documentation and FAQ’s
Furthermore, a FAQ section can help the users to know more about the product. They would have many questions on this. This guide would be helpful to them for more perception.
- Having Legal Advisory
Remember you are planning to launch ICO with the ICO dashboard script. Since ICOs aren’t regulated in the crypto industry, it is a must that you have legal advisors with you to help you with regulations.
- Drafting regular Tax and Accounting plans
To launch a successful ICO platform, it is a must that you make note of frequent tax and accounting details you involve in. This will help you to keep track of all the details.
- Marketing your ICO
This is the most crucial part of launching Initial Coin Offering with ICO Script. Start introducing your project to the Entrepreneurs and target audience. This can be done by joining the discussions on Blockchain social channels like Bitcointalk, Reddit, Bitcoin wiki, etc.
Now getting started with ICO Software is going to be an easier task for you. Follow these 7 steps to get benefited!
Initial Coin Offerings has been the successful fundraising strategy for the years 2017 and 2018. Many experts believe the popularity of ICO’s has faded away. But the truth is, they are still in the competition. Yes, they are still the best way to get started with fundraising.
So, How was ICO in 2017 & 2018?
ICO’s still persist as a fantastic approach for startups and new companies to raise their funds without complexities. With the growing interest in cryptocurrencies, the crypto market is experiencing great changes every single day. Moreover, Initial Coin Offerings have raised more money in 2018 than in 2017. According to ICOData, there were totally 1600 ICO’s floated in 2018 with raising the funds of around $7 billion.
While coming to the countries, the United States, the United Kingdom, and Singapore topped the positions right from the year 2015. On the other hand, Russia, Germany, Canada, and the Netherlands occupied the next positions.
What to expect in the future?
Till the date, ICO’s have raised $337,639,000 in 2019. In the future, it is expected that ICO will remain booming in the future. This means that ICO will regularly make their visits on headlines without any doubts. Moreover, raising the money for an ICO Script is similar to raising funds for the traditional startups.
Though ICO’s are portrayed to be scams, not all the ICO’s are scams. Regulations have come for good and would eliminate fraud ICO’s out of the market. Therefore, the upcoming ICO PHP Script which would launch ICO’s should be careful with the legal and tax compliances which would eradicate scams.
In previous years, ICO’s were listed on the public ledger and most of them will be sold to the crowdsale. But everything will remain changed in the future. Even though the ICO’s are listed in public ledger, it would be listed in the private investors. This could bring in a set of new possibilities without any doubts.
Moreover, there won’t be a need to pay a lot of money to investment banks, lawyers, auditors and so on. So, ICO’s can always be the best strategy to invest in.
Experts predict the ICO industry will come up with more refined methods in future without any doubts! A lot of projects would emerge which will solve Blockchain problems and would remain to be a fruitful strategy!
With recent scams prevailing in Initial Coin Offering, it has paved the way to get into a new fundraising scheme termed to be “Security Token Offering STO”. This strategy has been launched with the primary goal of getting rid of issues associated with ICO!
This has been the reason why STO script is on a high demand for the year! Though both are intended to operate with the same motto, there is an hidden battle for relevance which is going on.
So, What is STO script software?
Security Token Offerings were introduced to the crowd in which consumers purchase tokens which is built on the blockchain. Moreover, STO’s are the financial securities and therefore, they are backed by tangible assets, profits or company revenue.
When it comes to Security Tokens, these are the different types of tokens involved:
- Equity Tokens
These are the types of security tokens which state the ownership like company stock or debt.
- Debt Tokens
Debt tokens are equivalent to the short term loan on interest rate on the amount loaned to the company. Steem is the popular example of Debt Tokens which is required to purchase Steem dollars.
- Utility Tokens
Utility Tokens provide users with the later access to a product or service. With utility tokens, companies can raise the funds for the development of blockchain projects.
- Asset-backed tokens
This type of Security Offering token is built on blockchain platform which is associated with a tangible or intangible object of certain value.
Regardless of any token, it is important that they are in accordance with the SEC latest guidelines imposed.
The STO launch services can prevent the issues prevailing with compliance and licensing requirements concerning security laws. At this point, even if the token isn’t considered as a security, it would be picturized as e-money which is a digital ledger or an alternative form of investment.
Since it is a security, it has come under the surveillance of SEC guideline. It is much important that you develop a STO software in adherence with these guidelines. By this way, you could reap profits in your businesses without any denial!
It is also crucial to note that both federal and state laws for security.
Why STO launch services are a way better than ICO?
This is just achieved by its nature and token entity during the token funding. Moreover, Security Token Offerings have great security than ICO Tokens.
Due to the fact that STO Script is secured completely, they are bound to securities regulations internationally. Their legal solution has to be considered a lot more clearly that it would have a traditional ICO.
This would involve bringing in legal experts who will assist to steer the business in the right direction when launching an STO.
Due to regulations surrounding securities, STO script software are slightly more limited, in accordance with the target market. This is because of the unregulated nature of Initial Coin Offerings, there is no restriction on who can invest.
Moreover, a STO software which is developed in accordance with the guidelines will leverage the following set of benefits:
- Security Token Offerings provide better fundraising since the tokens that investors receive are actual stakes in the project and its assets.
- STO opted to make sure that they agree with the regulatory bodies and take a favourable time to make securities liquid, transferrable, and transparent.
- When it comes to cryptocurrency investments, STO Script are considered to have low risk due to the factor of diversity compared to Initial Coin Offerings.
Undeniably, STO Script Software will be on high demand since they are developed in respect to the SEC guidelines!
The ICO market is currently in its rising phase and each day there are stories revolving cryptocurrency. It is crucial to make use of marketing strategies to promote your ICO software and reach your target audience.
How to get started with ICO Marketing?
A good website will always act as a foundation for your ICO marketing strategy. This will provide a great impression on your target audience. Your website should be completely intuitive and easy for users to navigate. While designing your dashboard with ICO dashboard script make sure it contains all the important components and features.
Social Media Channels to reach Crypto Community
Social Media has become a valuable tool for marketing. This is the best place to communicate with your target audience. With social media, one can easily build the community.
Here are a few social media channels to promote your ICO built with ICO script software:
This is yet another cryptocurrency channel composed of crypto experts. You can create threads and record your views here.
This is the public forum where people would approach the platform looking for the answers. You can post your answers relating to ICO here.
Similar to Facebook, LinkedIn also has multiple groups with thousands of members. Joining the groups are in turn free and therefore, it is an easy task for you to make your product circulate globally.
Email Marketing is the most convenient part of the marketing strategy. While handling this Email Campaigns, it is important that you draft a content which doesn’t reflect direct marketing but convincing content. Moreover, Email marketing can bring in fantastic ROI without any doubts.
Bounty programs play a significant role in marketing. Offering Incentives and rewards to the people can be an effective strategy to bring in investors. While providing tokens, handle it with care since giving away the tokens can sometimes risk your project.
Press Releases are the professionally drafted content which is added to the top-tier websites to bring your target audience to the website. There are both free and paid sites available where you can post your contents.
This marketing strategy is similar to Press releases. A well-researched and informative article will be accepted by top-tier websites for sure. Moreover, Guest Blogs generate backlinks for you from top sites.
There are several quality sites which list the Initial Coin Offering. Being one of those ICO listed can be much beneficial. Some sites provide this without charging any fee. Anyhow, if you require a comprehensive solution, you can pay an amount of fee to get listed.
Well, ICO’s have already started to fall on one side. This has been the reason for the rise in security token offering platform. Coin offerings generated a profit of around $6 million in worldwide startup capital in the year 2017.
To put the security token offering definition simply, security token offering is a combination of Initial Coin Offering and Legal Compliance. A security token offering process performs equally in functionality.
How to Launch/ create STO?
Launching an STO is not a tedious process. Here are the steps involved in Launch your security token offering.
- Understanding the Clear Compliance
Every country will have certain regulations involved in selling, buying, fundraising, investment processes. There are certain regulations in the US, to launch your STO.
- Regulation D.
- Regulation A+.
- Regulation S.
- Sketch a perfect STO plan
Once you understand the basic regulations and requirements, you must right down the smart STO business plan. In that Business plan, you must cover to whom you are selling the tokens which means the target audience. And how much capital you are going to rise through this!!
- Get a proper consulting
Once you are done with these couple of tasks, you need to get the right consulting services to get your work done!!
Getting connected with the proper people will lead you to reap packed benefits and profits!
If you need additional information on this, you can visit best STO development company!