Creating an ICO. Looking for a team.

shishirkhanfx

full member

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Quote from: Kostons on July 24, 2017, 02:23:36 PM

Hi mates.

Watching all these ICOs getting millions of dollars, I think everybody thought about creating its own project.

It would be nice to hear from experiences users, that have launced ICO for their project, what is required to launch ICO.
For example: what is the minimum amount to invest is required to launch ICO, how many people in team, how much time it takes.

Also if anybody have any ideas. I am open to discussion.
I have an idea for a project, but want to know all the aspects before launcing an ICO.

This is actually a good decision.
But you have to manage the project very carefully.
So you can finish the job.

Grant Hero

member

Activity: 112

Merit: 10

Team is most important because it's never about the idea, marketing, etc. It's about the execution. Smart investors will invest on the basis that they believe the team is capable of creating and execution the vision.

With that said, I agree with most on this thread in that you are starting a business and launching an ICO for the wrong reasons. You should focus on solving a problem, creating impact, and doing something that you are passionate about.

stupid_seb

full member

Activity: 336

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Please state the team you want, based on what you want to execute, based on the vision you have.

I work in business innovation in the Silicon Valley, I can help you setting up the business model of your idea if you want. PM me.

Start ICO

member

Activity: 73

Merit: 10

Quote from: Start ICO on July 29, 2017, 11:25:58 AM

Quote from: Kostons on July 24, 2017, 02:23:36 PM

I have an idea for a project, but want to know all the aspects before launcing an ICO.

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Geraldo

sr. member

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Merit: 272

⭐⭐⭐⭐⭐

Sounds like you are trying to stick your hand in the honey jar. Trying to create another scam shitcoin?

fortunecrypto

legendary

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Quote from: Kostons on July 24, 2017, 02:23:36 PM

Hi mates.

Watching all these ICOs getting millions of dollars, I think everybody thought about creating its own project.

It would be nice to hear from experiences users, that have launced ICO for their project, what is required to launch ICO.
For example: what is the minimum amount to invest is required to launch ICO, how many people in team, how much time it takes.

Also if anybody have any ideas. I am open to discussion.
I have an idea for a project, but want to know all the aspects before launcing an ICO.

Even if you are a newbie you can start one if you have the money to hire coder, developers, and marketers but if you only have words and idea I don't think it can be push through, people here will not work for you if you do not have the means and the capabilities to get this on.

stripykitteh

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Quote from: kalodu on July 29, 2017, 04:21:01 PM

Quote from: GreatBug on July 29, 2017, 04:00:51 PM

Looks like you just want to do an ICO nothing else

Why wouldn't he, it's free money. I think such an amateur approach though won't have any success, people are getting more and more strict about what they require from a project.

Usually when someone needs other people’s advice on how to do something then they don’t know how to do it themselves. The OP is likely to use a past coin ICO template and use it as his own with a few minor changes added into it. Very few people will be interested in it and he will find that it’s not that worth it to do an ICO and work on that coin since there won’t be that much money invested into it.

If everyone knew how to do ICO’s differently then they would be doing it right now instead of giving the OP input on how to make one.

BitcoinGirl.Club

legendary

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Farewell LEO: o_e_l_e_o

ICOs are not for everyone, they are meant for people with actual business plans and are just short on financial muscle.
Let those millions of dollars raised by some ICOs not tempt anyone into building a scammy project and think they can get away with it.

Quote from: Kostons on July 24, 2017, 02:23:36 PM

It would be nice to hear from experiences users, that have launced ICO for their project, what is required to launch ICO.
For example: what is the minimum amount to invest is required to launch ICO, how many people in team, how much time it takes.

To answer this first you need a business plan and everything will fall into its rightful place, including team numbers

Quote from: Kostons on July 24, 2017, 02:23:36 PM

Also if anybody have any ideas. I am open to discussion.
I have an idea for a project, but want to know all the aspects before launcing an ICO.

My advice first check that your idea is not already on the market if not go ahead and get down to business, good luck.

kalodu

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Activity: 106

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Quote from: GreatBug on July 29, 2017, 04:00:51 PM

Looks like you just want to do an ICO nothing else

Why wouldn't he, it's free money. I think such an amateur approach though won't have any success, people are getting more and more strict about what they require from a project.

stripykitteh

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Quote from: GreatBug on July 29, 2017, 04:00:51 PM

Looks like you just want to do an ICO nothing else

If you guys are planning on paying the people that will help launch your coin then you would get a wider response. It doesn’t look like you will be paying the promoters or developers that much because it looks like you don’t really know what you’re doing.

If you are looking to get people interested in your coin then I would suggest that you actually learn how to develop/program first because that would build your reputation on this forum. When you decide on paying people to work for you I would also suggest that you pay them in Bitcoin because who knows if your coin might be worth something when it gets launched.

GreatBug

sr. member

Activity: 629

Merit: 252

Looks like you just want to do an ICO nothing else

Webb.Char23

newbie

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Quote from: yobigd20 on July 25, 2017, 05:46:17 PM

Careful. Especially with the SEC notice today that all ICOs and virtual trades etc etc are subject to securities regulations.

source?

xx-man

sr. member

Activity: 364

Merit: 250

Quote from: lockept93 on July 24, 2017, 09:09:55 PM

Never start an ICO to get "millions". If you have a dream or a concept that really needs to be realized, then do it.
ICOs only make sense with escrow.

I agree with you, if they want to make ICO for profit only, do not expect it to work, because successful ICO requires a very high struggle and a very good concept, so all investors see their project and are interested to participate in their project.

KellyCoin

member

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Quote from: Za1n on July 24, 2017, 05:45:49 PM

Just a warning to those that think they can create a scam ICO, sucker some investors in, and then run off with millions. The long arm of the law may be slow to react, but it often does come around and when it does you could be looking at the rest of your life in prison.

Some recent examples:

https://www.coindesk.com/garza-pleads-guilty-gaw-miners-ceo-cops-9-million-fraud/

https://www.coindesk.com/indian-police-charges-onecoin-founder-ruja-ignatova/

https://www.coindesk.com/mt-gox-ceo-mark-karpeles-pleads-not-guilty-embezzlement/

https://www.coindesk.com/former-dogecoin-exchange-ceo-faces-fraud-charges-uk/

So you may be successful and live the good life for a little while, but when the investors find out you scammed them, you will most certainly find yourself looking at some serious criminal charges, not including any civil suits that will not only take every last penny you have but will probably put a lien on any future earnings you make as well.

Now this is not to say you are looking to scam anyone, but it is not simply a case of write whitepaper, launch website, raise millions, retire. But when your stated goal is to come up with something just so you can have an ICO, it sure does smell scammy as that is basically the opposite of what should happen. Normally you have a great idea first, you flesh it out with some concepts, maybe prototype it, get others involved and develop a team, and only when you are at the point of launching it do you look for funding.

Think Shark Tank type readiness, you can't go before the sharks and say give me an idea and money and I may do something with it. Well it is the same thing here, you should already have a viable product or idea and just need some initial (ICO) funds to make it go big. The ICO is not your long term income stream, it is simply a way to get there, but I think that point has now become lost with all the recent hype.

To end with, I am pretty confident in 2-3 years time we will be seeing the same headlines as above except with some of the current ICO promoters names in them instead.

Great Post. That is the problem with ICO's today. Because its so easy to throw up a website with a nice design and good marketing these ICO's are attracting millions with no real value in sight. We need to see more projects with at least a prototype and real value before raising millions.

Start ICO

member

Activity: 73

Merit: 10

Quote from: Kostons on July 24, 2017, 02:23:36 PM

I have an idea for a project, but want to know all the aspects before launcing an ICO.

If you need easy software to sell your coins, please write to us: https://startico.net
We have:
-landing page integration
-crowdseller account
-buyer/investor account
-destribution on blockchain wallts
-node for coin hosting

YouShallNotPass

full member

Activity: 392

Merit: 130

Quote from: yobigd20 on July 25, 2017, 05:46:17 PM

Careful. Especially with the SEC notice today that all ICOs and virtual trades etc etc are subject to securities regulations.

SEC interfering with ICO will subject to advantages and disadvantages on coin community. Advantage: Them scammer will never have a chance to fool and steal money from people anymore. Disadvantage: Maybe SEC interfering could with ICO could lead to more regulations regarding cryptocurrency. IMHO though. I know this is a huge news and still on a subject of debate. Let's just wait what will happen on the future of ICO's Grin

yobigd20

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Activity: 170

Merit: 10

Careful. Especially with the SEC notice today that all ICOs and virtual trades etc etc are subject to securities regulations.

vipercps

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MUG1WARA

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If I think ico should be a good team to be supported. After that there is a good plan ahead. And that is a great idea.
good luck

Kostons

newbie

Activity: 3

Merit: 0

Cmon guys, chill.

The point of the topic was to get information from people, who have launched an ICO. Just to share experience.
I dont need a quick guide how to create a scam ICO and run away with millions.

It is quite possible that ICOs will become new instrument for projects funding worldwide.
So why not to start learning about it, when we are at the begining of new era.

Topic: Creating an ICO. Looking for a team. (Read 1179 times)