ICO Development Process — Complete Guide Since the inception of ICO in 2013, it has shown a booming market and Mastercoin which was its first holder raised finances to $500,000. Therefore, ICO development is highly demanded by many fintech giants and startups. ICO’s offer market-ready fundraising opportunities by enabling owners to sell their tokens to gain fiat currencies or any other cryptocurrencies like Bitcoin or Tron. Today, we have recorded ICO market capturing capabilities at their full potential, but they can be susceptible to corruption and inconsistent market challenges. Hence, developing an ICO can be easy as well as complex for which many companies are rushing towards best practices and experienced developers. Moreover, the launch of an ICO is dependent on developers as they help in listing tokens on the spectrum of exchanges. So for your help, we have mentioned here the procedure followed by Awapal Solution ICO development company. They inherit the best ICO developers who have developed and listed several ICO’s on various platforms. Read from below to know why companies are investing huge amounts in ICO launch services.
Reasons for ICO Development
There are a lot of advantages to getting your ICO developed and holding a token within your supervision. These are mentioned below:
Users can invest, save & secure cryptocurrencies within an ICO
Tokens can be sold worldwide and bought by anyone
Generate higher returns
Transfer tokens for salary distribution or to leverage new services
Raise funds by selling tokens for any project
Above, we understood the complex and simple relationship between an ICO and its uses. So, now we can understand the development process of an ICO as executed by the best ICO development company in India.
ICO Token Development Process Global ICO software development companies use the best practices for token development and initiate ICO listing services. Hence, below-mentioned are the four stages for ICO development by Awapal ICO developers:
Pre-Sale Announcement Under the pre-sale announcement of an ICO, the company will announce its token project and procedure to lure investor’s interest. Moreover, the company will explain the token mission, vision and goal for the future and also how it will benefit its users.
Offering In the second phase, the ICO development company declares the transactional basis of your token and educates the masses about financial stability. Furthermore, the team will provide a knowledge base to users for token generation, allocation, expenses, targeted amount and expected outcome.
PR Campaigns
Digital marketing and PR campaigns are vital for launching a token and creating goodwill for your ICOs over digital platforms. The digital marketing team and PR professionals interact with the masses in the form of blogs & social media posts and press releases, respectively.
ICO Sale The best ICO development services follow two approaches for successful ICO sale because of which ICO sales are easy and comfortable. The initial approach is to secure a minimum amount for tokens and dividing it into specific ratios among investors. The second approach is to pre-release your token on exchanges for initiating token exchanges in other cryptocurrencies.
Conclusion For your benefit, we conducted thorough research for writing this complete guide on the ICO development process. For your benefit, we have mentioned the reasons for the development of ICOs. Moving forward we have mentioned the stages as used by Awapal ICO development consultancy, as they offer services on time and at a reasonable price.
Reference Url: https://medium.com/@awapalsolution/icodevelopment-process-complete-guide-c097d1f3a8e8