How does ICO work? - page 2. | Bitcointalksearch.org

Images21

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Quote from: AshikurRahmanKhan16 on November 13, 2017, 06:48:24 PM

Hello everyone,

Hope you are doing good there. I want to know that how does ICO works? And after ICO what will they do? Please kindly answer me.

Thank you and forgive me if i did any mistake.

An ICO is a way commonly used by a starting company with a starting project to gain investors. After the ICO is launched and the project has gained enough resources already, they will now start to accomplish each little step of the way until full bloom of the project. The value of the tokens will also be ultimately based on the accomplishment of the project for the demand of the tokens will be based on how successful the project is.

bundo

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ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger.
ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin. These future tokens are expected to be of high value, depending on the success of the apps solving business problems.
for more info you should diligently read the post on each thread, will be a lot of knowledge that we can

mrzeta

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The vast majority of ICO is based on eth's smart contracts, so what ICO specifically is, you need to have a clear idea in your mind

cryptonx

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Futurov

Quote from: AshikurRahmanKhan16 on November 13, 2017, 06:48:24 PM

Hello everyone,

Hope you are doing good there. I want to know that how does ICO works?

ICO is initial Coin Offering, so from the name you can understanding the meaning of ICO,,
this is an alternativeform of crowfunding that has emerged outside of the traditional financial system.

here some article will make you understand about how does ICO work.
https://www.cryptocompare.com/coins/guides/how-does-an-ico-work

Quote from: AshikurRahmanKhan16 on November 13, 2017, 06:48:24 PM

And after ICO what will they do?

Thank you and forgive me if i did any mistake.

If the funds is enough to continue the development of the project, just read their roadmap to know what will they do,,
but, if they didn't get enough fund or didn't meet the softcap, they will refund all collected money to investors or depending with the terms of the ICO

Luthfiyaaa

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Quote from: Despacito on November 13, 2017, 07:35:48 PM

Quote from: AshikurRahmanKhan16 on November 13, 2017, 06:48:24 PM

Hello everyone,

Hope you are doing good there. I want to know that how does ICO works? And after ICO what will they do? Please kindly answer me.

Thank you and forgive me if i did any mistake.

They create their team and they come up with a project amd solution. They prepare a document called white paper to present their idea and business model. And then they make token sale event where they raise funds from the crowds, called crowd sale. And they issue their coins and distribute this to the people participated their ICO.

then if we already follow or buy their ico, will we also benefit ? and how do we make a profit ? and how to predict which ico is really good and will surely bring profit for us ? thankyou sir. Wink

Zenixin

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MR06Q8ZM3194

Quote from: Stella27 on November 13, 2017, 08:15:53 PM

ICO works when a team will come up with a project, develop a coin, present a white paper which consists of there plan of the said project. Once the ico started, every one could buy tokens before it will be released to the market. So that means you could buy those at a lower price. So more chances of gaining once the project would succeed. Then after ICO, the tokens would be introduced to markets, it depends if which market they plan to join, from there, you could sell the your tokens and gai from it.

Very well said, it is indeed a wayto promote their project as well as to raise funds to develop it, it's a new way now to do business.

Stella27

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ICO works when a team will come up with a project, develop a coin, present a white paper which consists of there plan of the said project. Once the ico started, every one could buy tokens before it will be released to the market. So that means you could buy those at a lower price. So more chances of gaining once the project would succeed. Then after ICO, the tokens would be introduced to markets, it depends if which market they plan to join, from there, you could sell the your tokens and gai from it.

Despacito

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Quote from: AshikurRahmanKhan16 on November 13, 2017, 06:48:24 PM

Hello everyone,

Hope you are doing good there. I want to know that how does ICO works? And after ICO what will they do? Please kindly answer me.

Thank you and forgive me if i did any mistake.

They create their team and they come up with a project amd solution. They prepare a document called white paper to present their idea and business model. And then they make token sale event where they raise funds from the crowds, called crowd sale. And they issue their coins and distribute this to the people participated their ICO.

giveen

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ICO are not hard to understand. In past the ico setup a thread on this forum most of the time , use an escrow display there product , roadmapb, etc and raise funds mostly by issuing ecr20 tokens which is based on eth network.
The reason behind most ico using eth is the easiness for both users and developers. It raises funds from users which is illegal in few places and send them there tokens.

Quote

And after ICO what will they do?

This can't be predicted for any ico normally they start developing their product or start fulfilling the promises made in their whitepaper. Some do some don't the only important think for investors is for it to get listed on major exchanges so that it trades for a higher price.

AshikurRahmanKhan16

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Hello everyone,

Hope you are doing good there. I want to know that how does ICO works? And after ICO what will they do? Please kindly answer me.

Thank you and forgive me if i did any mistake.

Topic: How does ICO work? - page 2. (Read 456 times)