What Is The Best Way To Plan An ICO Launch?

[praveenkaur]

The ICO script is a method of raising cash for a crypto-based startup. It is accomplished by issuing crypto-tokens to investors, who are willing to put their hard-earned money into the company after learning about the concept. These tokens can be sold for other cryptocurrencies as well as fiat money.

A corporation can raise the capital it needs to fund the development of a service or product by using the money of investors. Is that all required for a successful ICO? Not at all, because the following factors have to be taken into mind.

1. The Ultimate Whitepaper
One of the most significant parts of an ICO-based website is the white paper. The white paper contains a detailed plan for the development of the crypto-based project. Make sure you give all of the necessary data for your project, and that you present it clearly and straightforwardly. Your whitepaper should be able to persuade investors to put money into your enterprise.

2. The Legality
The AML/KYC laws are a difficult element of ICOs, and you should know to whom you are distributing your crypto-tokens. If you don't, terrorists or other fraudsters may take advantage of you, causing you to commit a crime and face the consequences.

3. Zeligz Webstore's Technical Expertise

 

[deucher]

In my opinion, it is very difficult for a simple owner to do this because it takes a lot of money to make it all official. You also need to have a lot of connections among rich people in order to promote the token in the pre-ICO stage

 

[Nomad]

I think a crypto needs to build a strong community before launching an ICO. Well, launching an ICO is also a way to build community, but if you try to build community after ICO launch, it might take a long time.