Topic: How to create a ICO - page 4. (Read 3397 times)

Yes off course those people who are belong from china or south korea they have problem of saling ICO because these two countries are banned on bitcoin due to which these people are facing difficulty in trading bitcoin and dealing ICO. Because if you creating ICO you should follow your country rules.

Part 2 will be coming out this week, I am currently writing it

Glad you enjoyed it!

Thanks for this. Will be joining the telegram for this ICO.

When is part 2 coming out?

Can have more than one thread on a topic, especially on something as important as the very creation of what people are investing in.

I would recommend looking into the announcement section on this forum. You can find all the ICO's, their information and you can communicate with them.


Cheers!

This is a great post, thank you for the information. I am looking to break it down into parts, hence the first part. The second part will focus on the whitepaper, the website and the creation of a wallet.

I don't believe that it is 99% marketing though, i do believe that marketing is extremely important but it still needs a strong team and a great concept. The crypto world still has a lot of people who are not throwing their ETH just because of a flashy site and look into all the flaws and information available about the new altcoin.

Thanks for the info, nice thread

I think it should be pointed out what is needed for a "successful ICO" and what is needed for "successful business AFTER the ICO" are two completely different subjects.

In our experience what is needed for a successful ICO;

1. Very Flashy Website
2. Big Team with Beautiful Pics and LinkedIn Profiles
3. Whitepaper with lots of graphics
4. Informative and Promotional Videos
5. $100K Marketing Budget to use popular ICO alert/listing services

It is 99.9% about IMAGE.  It is unfortunate but most people invest in what "looks" good (many people even believe team pics = due diligence!)  However this is also why there are so many "successful ICO's" which will fail as businesses AFTER the ICO because they lack basic business fundamentals (and most of these were only interested in raising money for the ICO to filter into their pockets and never had intentions of running a business).

I put this in posts before and from a venture capital standpoint there are certain criteria most ICO's are lacking.

For example, in venture capital you have analysis strategies;

Basic Venture Capital funding starts with "Show me a"...
1. Simple explanation of the business (1 sentence, what do you do?)
2. Clear revenue stream (How does the business make $?)
3. Defined exit strategy (How does the investor make $?)

From an investor standpoint, the Company should have...
1. Industry (growth with first mover advantage)
2. Exit Strategy (investor liquidity event)
3. Financial Return (significant for early stage, +50%/3yr.)

Making the investment...
1. Look at Big Picture
2. Find the downside
3. Protect your downside

What we believe makes for a "good" ICO should have the following:

1. Transparent Team
2. Use of Escrow
3. Team Tokens limited to Milestones
4. White Papers
5. Business Plans
6. Practical use of Technology
7. Token Distribution %'s
8. Limited Token Supply

And I would add to this to look for INDUSTRY IMPACT (in the "real" world outside the ICO/Crypto), FINANCIAL PRODUCTS (not necessary but they seem to have more impact), MARKET PENETRATION STRATEGY AND VIABILITY (how many times, especially in our market, do we see "Global"... i.e. we are going to be a "global" platform... that is a nice idea but you can sell hamburgers "globally" before you have traction in a local market - try to show me one business that went global before it was local - this will be one of our Medium articles).


 

Some time this week.

When is part two coming out?

I am hoping it has a lot more details and unknown information.

Yes ICO market has evolved a lot over last few months, and frankly speaking a lot of unwanted sketchy players have entered in scene too. but all this is because of huge dumb money entering the market, though this is bad for all crypto markets reputation but I am sure over the time only projects with strong concepts will survive and this all excess money will move to good projects, so yes this is beginning of new era.

Maybe, only time will tell if it is a new era for ICO's, personally I think we are not going to see any changes for at least 6 months. There is already more and more people getting involved in this eco-system and even celebs are getting involved which will increase the awareness to the general public.

I have been looking at the altcoin announcement board in this forum and it is going to collapse soon, it is incredible the way that there are everytime more founders in that section, and most of them doesnt even receive attention on their ANN.
Investors are only caring about Airdrops like deeponion, and this has been the only succesfull airdrop that is on the forum, the others are pure garbage.
Maybe this is a new era of ICO's?

Thank you for the kind words! part 2 will be coming out this week

Thank you for sharing this article with new people so that they have more experience in this field. Each of us with knowledge will contribute to making the market cleaner and more developed 

Thanks for the kind words guys!

I like this website https://icotracker.net

There are many web sites about ICO listing but you need to first do a market re-search.

True, something must be started, but I'm also looking forward to seeing the beginners talking about such things. It's always best to start and then when you pull in and treat it like a hobby, you're sure to get well.

Good first article.

I am glad you started with the thinking process instead of just jumping in and talking about whitepapers and wallets.

I can see that the crowdholding team has responded to your short write up and answered some of your concerns.