Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: Olivasmith1992 on April 09, 2019, 08:48:00 AM
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ICOs have the potential of being a powerful force in the development of open-source blockchain technologies. ICOs are popular for multiple reasons. Here are some reasons why you should invest in ICO:
The ICO model generates positive network effects that can vitalize and strengthen decentralized applications that require numerous users (or operational nodes). Decentralized applications often feature significant network effects wherein the user experience for each user improves upon the inclusion of additional users. When an organization conducts a public and open ICO for the development of a decentralized application, the process can automatically generate a large user base that can sustain the operation, security, and vitality of the decentralized network. If the users are token holders, they will be invested in the growth and success of the network.
Confirming contributions and distributing tokens simply requires monitoring and updating the distributed digital ledgers. This requires lower effort and resources compared to the traditional fundraising process of accepting checks and wire transfers, sending out standardized contracts, managing contracts and more.
Customized tokens can be easily generated through a number of platforms, including Ethereum, Stellar, Omni, NXT, Waves, Counterparty, Bitshares, and RSK. Transaction costs associated with marketing and contribution settlement are significantly lower than traditional fundraising mechanisms.
Tokens can be marketed over the internet to a large, general audience. Potential buyers can learn about the ICO through the organization’s website, online forums, online messaging applications, social media websites and more.
Popular tokens have liquid markets on Cryptocurrency exchanges. The most popular tokens could exceed over $100 million in 24-hours time volume.
Sometimes it tends to be geographically concentrated in financial hubs like Silicon Valley, New York City, and London. The ICO method generally allows anyone in any geography to raise money. It also generally permits anyone to contribute.
Cryptocurrencies can appreciate quickly in price.
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Not an uniquely presented coin!