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Login to Reply Posted By.... ellyse perry on 2022-06-23
How ICO fundraising works?
ICO's are the top most novel form of fundraising, but it is not easy to understand their decentralized nature. One needs a deep understanding knowledge of blockchain technology along with a lot of comprehensive strategies to develop funds through their ICO successfully, and ofcourse an ICO Development company can help you in this. And any company delivers ICO, they actually exchange their tokens with other cryptocurrencies for getting fiat money.
Through the ICO fundraising model, startups can raise capital by deliver tokens on a blockchain and then distribute the tokens in exchange for their financial contribution. These tokens, which can be transferred across the trader and network on cryptocurrency exchanges, can serve an array of various functions, from granting the holder to access a particular service, entitling them to company dividends.
Benefits of ICO:
Anyone Can Buy Tokens
Tokens Are Sold Globally
Less Barrier to Entry
ICO also plays a very important role in fundraising, as various countries have different forms of regulations for this new capital-raising concept. In theory, this context would impair successful fundraising by blockchain technology startups. We find the projects that will disclose more extensive information to investors and more successful in fundraising, and experience in ICO project
Whether you want to build your own token, Kindly reach us.
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