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The 'why' of ICO's

By Elijah
Published about 1 year ago

ICO's offer a great way to start a project for a team that has a great idea. It provides the seed capital needed to attract talented people to work on the project and can provide a contribution to regular seedlings of venture capital funds in Silicon Valley. However, there is no greater difference - equity is given in exchange for the country's means. Development and entrepreneurs love it. Programmers now have control of their destiny. They have the opportunity to develop platforms the way they want the platform to be developed. Instead of having a purely commercial narrative, you can understand and have resources that may have a limited business vision or that you clearly see public opinions in a community cryptography. For example, Zcash (ZEC code) is an encryption network that matches the privacy, anonymity, and secrecy of your coworker. In the case of misconduct, it must be taken into account simultaneously to protect the identity of illegal activities. Narrative culture is consistent, but narrative marketing is different and unsuccessful with regulators.

In the case of hypocrisy in the project, ICO can provide a form of measure of interest for the community project in the community: similarly, pre-sales work and traditional multi-party campaigns. In addition, given the source code of some ICO projects, developers are relatively simple to "clone" the previous platform. The new ICO could add features slightly different from the original. If a resource has been developed by a team and users have been found, it is often accepted by others to be encrypted. All ideas quickly confirm the market for people who vote with their fingerprints. Finally, in addition to the money needed to cancel the launch project, many employees help teams keep their cryptosales longer. Innovation in cryptography is occurring at a rapid rate of growth due to the variety of source codes of various production codes. The success of the nature of the code of the chain is. Successful technology can set spotlights as well as carry future capital circles for any business activity you want to find. This appeared recently with the encryption of Factom (Code FCT) and Maidsafe (with MAID) which also have a capital base.

Disadvantages in ICOs

Large ICOs can contribute funds from the community fund, there are some flaws. In the case of a number of obligations, those who promised to launch new encryption but who did not keep their promises refrained from using reserve funds during the process. Community, then it became a stuck problem and a new currency. If the idea of an idea is possible, the community can reject ICOITES, for larger and more promising projects, one of the biggest risks is the current regulator. Since regulation is always late, technology is very difficult to know when and where regulators will receive. Although IFAs pay close attention to excluding the "shared" offer and members, [the CA has some sharing resources. This could explain why many of the projects created have established a nonprofit foundation that has developed in Switzerland, which seems to interact with somewhere in the environment for encryption. In the event of a timely mistake, regulators will get, especially if bad experiences are exposed, but meanwhile the ICOs increase at source. Successful technology can set spotlights as well as carry future capital circles for any business activity you want to find. This appeared recently with the encryption of Factom (FCT Code) and Maidsafe (with MAID) which also have a capital base.

Large ICOs can contribute funds from the community fund, there are some flaws. In the case of a series of compromises, those who promised to launch new encryption, but who did not keep their promises, refrained from using reserve funds during the process. Community, then it became a stuck problem and a new currency. Even if you have a good idea of a good idea, that's fine.

The importance of a white paper

In traditional funding channels, if a company wants to raise funds for the development of ideas, it will publish more often

Initial offer of Prospectus or Information Memorandum. Depending on the specific jurisdiction, this may be a regulatory requirement. In contrast, most of the country's offices represent only one technical document, usually about 30 pages. These white papers are very similar in structure and format to traditional white college textbooks with these white papers that show supporters: how the platform will work to benefit developers and how the platform will be technically developed in the future. the technical community buys ideas and a global vision, will contribute to the project - usually in the form of Bitcoin, a motor selected for ICO. If sufficient discoveries are discovered of the sale of ICO encryption, the project continues. Otherwise, the project will not go forward.

CryptoCurrency Market Capitalizations 

After a successful ICO, it is important to realize that most ICO coding coins are generally available on the stock exchange. As we will see later, since ICOs can be exchanged for cash, many sold masses are supported by speculators very different from developers' motives. Developers benefit from using the new platform directly. In most cases, code developed by people who collect ICO funds is open source, allowing the community to freely review and update their specific requirements. Developers can easily develop their own specific applications. At the top of the new platform, customers are expected to resell new pending applications.