Things to Know Before Launching Own ICO
                     Things to Know Before Launching Own ICO
What is ICO 
• ICO stands for Initial coin offering. Funds will be raised by startups 
and companies by creating innovative coins with a specific value. 
• It works just like a stock.  Buyers of ICO can get a stake in the 
company or project. 
• Before creating an ICO, the scope of the project, goals it aims to 
fulfill, funds to be raised, number of tokens reserved for the 
founder, and duration of the campaign must be considered.
• In most ICO’s, investors purchase tokens with pre-existing 
cryptocurrencies.
Let Us Know Some Basic Steps to Be Taken Into 
Consideration Ahead of Launching an ICO
The two stages involved in ICO launch
• The Pre-Public engagement phase is where the project gets 
shaped. The vision of the founders is disclosed openly. 
• It can take around six months to 1 year for its implementation 
depending on the project’s scope and intensity.
• The Post-Public engagement phase is executed in a lesser 
duration of three months. The project is announced to the 
public and the sale of tokens is commenced.
• More effort is devoted to ensure that the project fulfills the 
needs of investors with eye-catching offers. 
Figure Out If ICO Is the Correct Choice and Build 
the Right Team
• Though ICO’s are highly demanded now, it may not 
work out for every firm. 
• Traditional fund-raising methods such as venture capital 
financing can also be used to raise capital. It largely 
depends on the scope of the project and the target 
market.
• Build a diverse team who have prior experience in 
development of blockchain technology and creation of 
cryptocurrency tokens.
• A strong team will help in pushing the project forward.
Develop a Plan and Analyze Your Competitors 
• Firms interested in expansion must have a proper plan in 
place. The ideas created for the business must be flexible 
keeping in mind the changing circumstances. 
• As new competitors emerge in different parts of the globe, 
it is essential to analyze their strategies and apply certain 
aspects in the operations. 
• Situations may arise where multiple ICO’s may be 
launched on the same date and time. Special features 
must be introduced to make the ICO stand ahead of rivals. 
• The goal should be to raise maximum funds from investors 
at the lowest cost. 
Verifying If ICO’s Are Accepted and Creation of Tokens 
• Not all countries accept ICO’s. Nations such as China and South Korea 
have banned ICO’s to protect their financial system and prevent 
incidents of swindling. 
• Companies must comply with local laws and regulations enforced by 
authorities.  KYC and AML procedures should be strictly adhered to. 
• ICO tokens must be developed in different stages such as private sale, 
pre-sale, actual ICO and the general sale. The tokens aim to create a 
high return on investment by launching it at the right time in the 
market. 
• A strategy should be formulated regarding distribution, number of 
tokens for the issue, number of tokens to be created in each stage, 
and contingency plans to create additional tokens based on 
requirements. 
Writing a White Paper and Focussing on Security 
•  A white paper is a technical document which contains details of the project’s 
vision, description of the core team members, allocation of funds, development 
strategy, market analysis, and legal issues. 
• A roadmap of the company’s future must also be mentioned. If the ICO is 
launched in multiple countries simultaneously, professional translators will be 
required to modify the contents. 
• High priority must be devoted to the security of the platform. Efforts must be 
made to protect user’s data from incidents such as hacking, data breach and 
identity theft. 
•  Frequent testing and auditing by independent third-parties should be done to 
prevent any security lapses regarding investor’s funds. 
•  Frequent testing and auditing by independent third-parties should be done to 
prevent any security lapses regarding investor’s funds. 
Building Smart Contracts and Developing Marketing 
Campaigns
• An individual or team may be needed for developing smart 
contracts. Success in the token sale will depend on its 
effectiveness. 
• It will self-execute the allocation of coins to investors and 
authorize the funds used for conducting transactions. 
• Strong marketing campaigns must be implemented across 
various social media channels to attract more users. Tools 
such as Google Ads can be utilized for better reach with the 
target audience. 
• Constant communication with the audience before and after 
the campaigns is important. The focus should be on 
maximizing the sales of the product.
Why Choose Blockchain App Factory
• It is one of the accomplished ICO development companies in 
the industry.
• From white paper creation, customized token creation to 
effective marketing campaigns, every requirement is taken 
care of by their experienced developer team. 
• Post marketing campaigns are carried out effectively through 
multiple social media channels. 
• Get in touch to avail profitable solutions for your business at 
the most affordable cost. 
CONTACT  US
Webssiitte  ::  httttpss::////www..bllockchaiinappffacttorry..com//iico--devellopmentt
Twiitttterr  ::  httttpss::////ttwiitttterr..com//Bllockchaiin_BAF  
Facebook  ::  httttpss::////www..ffacebook..com//BllockchaiinAppFacttorry
Liinkediin  ::  httttpss::////www..lliinkediin..com//company//bllockchaiinappffacttorry//
Emaiill  IId  ::  [email protected]
Conttactt  No  ::  +91  6382  665  366