Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: bruda on September 28, 2018, 03:30:15 AM
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Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.
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I am confused with your post buddy. ICOs are done because founders/developers do not have the fund to start the project.
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projects can not realize their product or idea, if they do not reach at least a soft cover, but each project has a budget, some companies need only 500 thousand, and some need 50 million
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Various projects initially did not have the capital to develop the project, but there were also projects that already had capital. in essence, organizing an ICO aims to raise funds.
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Yes, success ICO required some money to reached their hardcap, without money their project is nothing and cant do anything
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Yes. A successful ICO does require capital. Anything related to the development of projects in the ICO will definitely require capital. The capital was also obtained from investors who entered the ICO Project. So, in my opinion, there might be another opinion about this.
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@ Zed30, yeah ico is raising funds to develop their projects. Someone who joins ico must deposit some money. So the questions made above are not understandable. Or maybe he doesn't understand what ico is.
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usually start ups that collect money easily whereas they have a good idea they can`t continue their business due to greed and easy money that`s why I prefer the companies who invest themselves.
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The ICO is raising funds to realize their projects. So if it is said whether the successful ico needs funds, this will be a confusing question. Maybe you should understand what ico is first.
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What I know is that the establishment of an ICO project only requires a little capital. But for the development of the project that requires large capital. Why are projects involving ICO programs one of which is to raise funds with the aim of developing the project in accordance with their roadmap.