fundraising question - page 3. | Bitcointalksearch.org

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

ICO were created to make a fundraising for their project to gain investors and supporters, they offer discounts so many will get interest and their token should be useful to have supporters. The earlier you invest the higher the discount but be very carful in investing as ICO tends to fail now.

rizkyalhabsy

full member

Activity: 554

Merit: 100

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

maybe , but i think its a hard thing to do, first u must create corporataion to some product before start it, and how it possible ? since u have no money at the beginning, that why they created ICO , fo raising some fund then find corportaion with another company.

bitcampaign

sr. member

Activity: 1988

Merit: 268

20BET - Premium Casino & Sportsbook

Quote from: anog on November 29, 2019, 07:34:55 AM

Quote from: bitcampaign on November 29, 2019, 05:35:25 AM

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange

Too late, in my opinion this has damaged the image of cryptocurrency, you can say it like this then that's how other people see ICO.

IEO is good but to get IEO tickets on popular exchanges is not easy, this is a barrier for some investors, including small investors like me, this is IEO shortcomings.

You don't have to follow IEO as a small investor, you can buy it when they are registered at the exchange at the beginning of the time you can buy it, even though it is a little more expensive than the price of IEO, but not all the popular exchanges prohibit small investors like you from IEO, we see just better changes coming

rijaljun

sr. member

Activity: 1274

Merit: 267

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?

Why couldn't it be? It is basically the same, anyway.

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

It is doable, your token will be like a discount ticket so just like BNB gives trading discount fee to its holder, you could have one token that whoever holding your token and use it to buy stuffs on a marketplace, the will get an interesting discounted price.

Kasabus

hero member

Activity: 2814

Merit: 576

DGbet.fun - Crypto Sportsbook

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?

ICO stands fro Initial coin offering and its what we called as a crowd sale, and yes they are raising funds to finance the project written in their whitepaper.

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

You are at the right timing now, almost everything in the market now are cheap, especially altcoins, so you can shop around.
Just try to look for coins with great potential as that could probably give you a better return.

anog

sr. member

Activity: 1031

Merit: 251

bullsvsbears.io

Quote from: bitcampaign on November 29, 2019, 05:35:25 AM

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange

Too late, in my opinion this has damaged the image of cryptocurrency, you can say it like this then that's how other people see ICO.

IEO is good but to get IEO tickets on popular exchanges is not easy, this is a barrier for some investors, including small investors like me, this is IEO shortcomings.

gaston castano

sr. member

Activity: 1526

Merit: 251

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?

Not just run as a fundraiser, the ICO itself is a fundraising methode of a coin’s developer. And the value of the coin itself is visible while the ICO is running. But the most thing that has done is the value of the coin mostly went below the value they offered at the ICO, after they are marketable. That makes investors of the coin gain bad ROI.

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

For this point, i dont really get what you meant. But the thing is, every token has their own function. They are created with their own function, even though there are a lot of tokens that have same function. So, maybe if you want to create a token used for buying products like you said. It is something that can be done.

Bitze

legendary

Activity: 1638

Merit: 1042

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

of course it can go like this. basically i would even say that the majority of the ico is like fundraising.
seldom you were an early buyer as a supporter of the ico. often the money was used for development
and not for distribution incl. reward of early investors. Wink

algorithminer

newbie

Activity: 34

Merit: 0

Quote from: magneto on November 29, 2019, 04:57:58 AM

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But why would anyone be incentivised to do that? From the developer's point of view, that is.

Unless of course the project is complete bull and the developers know that they can't raise funds any other way than sell their tokens at a significant discount.

But intrinsically, the concept of ICO and public fundraising is basically the same - with a catch that you receive tokens as your reward.

I would definitely find some trustworthy backers.
And offcouse trust issues and other would be sorted.
Im definitely not considering hosting scams.

bitcampaign

sr. member

Activity: 1988

Merit: 268

20BET - Premium Casino & Sportsbook

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

no longer, ICO is just a lot of fraud, I think stop it and stay away, it is not recommended investors invest again in ICO in any way or fundraising, it does not look attractive and will damage the image of crypto currency in the future, if you really want funds from the project should register IEO on a stock exchange that has a high and well-known trading volume, I think it will not be a problem because investor funds will be safe in that exchange

magneto

hero member

Activity: 1666

Merit: 753

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

But why would anyone be incentivised to do that? From the developer's point of view, that is.

Unless of course the project is complete bull and the developers know that they can't raise funds any other way than sell their tokens at a significant discount.

But intrinsically, the concept of ICO and public fundraising is basically the same - with a catch that you receive tokens as your reward.

albrots

sr. member

Activity: 534

Merit: 250

ICO fundraising is now no longer reliable and has been replaced by IEO, but IEO is trusted only by IEO that lists large markets such as binance, Huobi, OKex etc.

If you ask that the ICO Project Token be used to buy a product at a discount below the market price, it depends on the ICO project you are taking. Maybe there are some projects like that. After the ICO is finished the token is used to buy the products that are in the ICO at a discount.

Sonu_titu

member

Activity: 136

Merit: 39

ICO is initial coin offering as it is initial offering the market pricing has not yet started and thus, the price at which you are getting that is actual rate there is nothing called discounted in this.

Furious 7

hero member

Activity: 2856

Merit: 644

https://duelbits.com/

Now ICO fundraising is no longer trustable because of the rampant scamer that is happening, now people prefer to be trusted again like IEO can still be trusted by investors but only certain markets that they trust,
To pay the market there must also be a large fund to enter there.

sunsilk

hero member

Activity: 3038

Merit: 634

You have already defined what is an ICO and what's exactly the purpose of the tokens that they are selling. But not every successful ICO that fundraised a huge amount has been always have a good token to be used.

Many of these project tokens were just used to dump and make profit. The ones that are standing until today and traded in every exchange with a good volume has survived somehow.

Pelunize12

sr. member

Activity: 658

Merit: 251

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

ICO is fundraiser to get money for developing cryptocurrency project. it was skyrocketed in 2017 ago
But the condition changes, it is not good anymore. there are many scams ICO here, so it makes bad reputation for ICO

then, IEO changes ICO in this time. IEO becomes better to do fundraiser
But it needs more money to pay exchange

o48o

legendary

Activity: 3080

Merit: 1178

Leading Crypto Sports Betting & Casino Platform

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

Took a sec to even understand what you mean. Do you mean that the whole point of the ico would be to create a fund that invests in the lowcap altcoins? I think there are already several projects that have tried this. I don't think that any of them were success, at least i haven't seen any of them on the top of the coinmarketcap.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

...hmm im not sure what you mean, i mean, some projects DO have milestones like that, ICO or otherwise
i think maybe what your thinking is a DAO. Check that out see if thats what your thinking
that link is for the most famous one that got hacked on ETH's network, but the idea is still good i think, an autonomous anon organization

scambust

legendary

Activity: 1652

Merit: 1007

ICOs are fundraisers, haven't you know that? The premise is that a coin project aims for mass adoption with its coin or token speculated to be of heavy use in the future, thereby giving value to the token/coin. Ethereum is one of the first ICOs, its coin value increased on both speculation and actual usage (Dapps). That's why investors want to invest.

Your proposal can be done. DM me your plans.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: algorithminer on November 28, 2019, 04:47:50 PM

Could and ICO be run like a fundraiser ?
Tokens could be used to buy product at awesome discount price waay below market.
Is that something that can be done ?

It could not consider investors that was wanna investing in the ICO put all their hopes in the development of ICO, I guess what you means about the fundraiser here the same as charity that will be giving away to the ICO. ICO is very similar as IPO.
that is something can be done as long as you can create a value for your token that can be used to buy your product. You can use BNB token to get the discount fees but the usability of token will depend on what your decision as the developer of the token itself.
It's something that can be implemented in so many ways.

Topic: fundraising question - page 3. (Read 859 times)