Topic: ICO as an instrument for the real business (Read 327 times)
I find this concept very interesting. Propthereum.io are doing this in their upcoming ICO. A coin backed by business. Many coins have nothing backing them so I believe the business backed coins will be less volatile and be a great investment short and long term.
Nice read. I already contributed to this project, hope to see the best outcomes and profitable returns 
ICOs are high risk, I agree. Also never invest more than what you can afford to loose.. I like to diversify, I find this project an interesting alternative.
ICOs are high risk, I agree. Also never invest more than what you can afford to loose.. I like to diversify, I find this project an interesting alternative.
Financing (funding) is one of the most important factors for the development of any business. It is especially difficult for the one who opens the business to receive initial investments even if the business plan is well thought over and the idea promises considerable benefit. Taking a loan in a bank is expensive, private investors` money – it is risky. An amount, necessary for the start, not always manages to be collected quickly. Collecting of the necessary amount is rather difficult. Therefore in the real sector of economy so many companies run an initial release of tokens, it is called ICO (Initial Coin Offering).
Nowadays ICO is considered to be one of the most comprehensible forms of investment. The idea of ICO is close to crowd-funding: future clients or buyers support forms of business that they are interested in with their capital.
Nowadays ICO is considered to be one of the most comprehensible forms of investment. The idea of ICO is close to crowd-funding: future clients or buyers support forms of business that they are interested in with their capital.
Dont invest what you cannot afford to lose. Ever heard of this?!
Btw, ICO means this exactly ,
Initial coin offering (ICO) is an unregulated means of crowdfunding via use of cryptocurrency. The term is often confused with 'token sale' or crowdsale, which refers to a method of selling participation in an economy, giving investors access to the features of a particular project starting at a later date.
The benefits of ICO
Without enough investments business will not be able to hold on afloat long enough to get stronger and grow up.
Without enough investments business will not be able to hold on afloat long enough to get stronger and grow up.
Not true
The following prevents businessmen to find favourable investments quickly:
• banks are often not interested in providing financial support on conditions favourable for startups,
• the bank can demand some pledge and by that limit the capacity of the investments,
• investors, that are difficult to be found for novice entrepreneur, want to return their invested assets quicker and demand big part of the business,
• entrepreneurs are forced to spend a lot of time to assure people in the future success of the idea, instead of starting negotiations with initially interested consumers.
• banks are often not interested in providing financial support on conditions favourable for startups,
• the bank can demand some pledge and by that limit the capacity of the investments,
• investors, that are difficult to be found for novice entrepreneur, want to return their invested assets quicker and demand big part of the business,
• entrepreneurs are forced to spend a lot of time to assure people in the future success of the idea, instead of starting negotiations with initially interested consumers.
Banks make money, thats their interest, so if they see a solid product they will support the startup, its a matter of negociation
Again make a contract ready, handle with the bank. If you are going to the bank you should already have a solid product with steady revenue or at least a working proof of concept capable of convincing the other person sitting at the table with you.
If the investor wants a quick buck then you either,
- Promised them the world and didn't deliver
- You just hit the jackpot with a scam artist. Real investors dont give away money for nothing nor do they expect to see returns within unreasonable timetables.
Entrepreneurs? Who? People sitting at home selling the best next coin?
Entrepreneur
a person who sets up a business or businesses, taking on financial risks in the hope of profit.
Until you have a running product you are not an Entrepreneur, you are a startup at best and yes, it actually takes time, money and dedication to make your product work. Selling ICOs as if they were the Holy Grail of business is just wrong.
Money in itself is meaningless if you dont convert the loan, because thats what you are taking from people, a loan without going to the bank, into something palpable with the potential for further growth.
It is important to understand: any business can use the ICO to raise funds. Often, teams bring projects to the ICO at the initial stage while they are not fully planned. Key moment of the successful ICO is to think thoroughly how exactly you will introduce technology of a blockchain into your project.
And this is just wrong and it will lead to Governmental restrictions once people start being aware of how easy it is to scam people with Vaporware and Whitepapers full of funny letters. ICOs should be regulated ( and they will be in the future ) because people use and abuse of mechanisms that are there to facilitate real projects and not every "bright" ideia.
Not all projects need ICOs, actually if people started building their teams and products first and started slow allowing their products to mature we'd have much more quality projects rolling and all blockchain based individuals and businesses would actually profit from this.
The Russian “crypto-farmer” Mikhail Shlyapnikov, for instance, collected about 400 BTC on ICO and now transfers a blockchain to the social sphere, developing the individual retirement funds for workers and partners of the farm.
You mean the guy that was arrested!? You are giving out the example of a guy that got arrested after his currency was declared illegal? Amazing...
Particularity of negotiations with investors
ICO — the tool which can facilitate life to the beginning businessmen, help with development to the promising existing projects. Participation in ICO can make high profit, but also risks for investors are high.
When planning a strategy answer the following questions and share answers with potential investors:
• Is your product demanded on the market?
• How much time do you need to finish development?
• What current problems of the market and consumers will be solved by your product or service?
• How do potential users react on future product? Whether they are ready to invest in its development?
ICO — the tool which can facilitate life to the beginning businessmen, help with development to the promising existing projects. Participation in ICO can make high profit, but also risks for investors are high.
When planning a strategy answer the following questions and share answers with potential investors:
• Is your product demanded on the market?
• How much time do you need to finish development?
• What current problems of the market and consumers will be solved by your product or service?
• How do potential users react on future product? Whether they are ready to invest in its development?
If you do this you dont need an ICO because if you are really into business you will realize that there are other means to hit the market without going through dubious channels. This is called a Business Plan btw and every Businessman worth his salt needs to have all the number ran in his head and on paper before going out and asking for money.. Be it to the Bank, an investor / sponsor or holding an ICO.
The cryptocurrency has not yet received legal qualification worldwide. It is necessary to settle regulation of financial operations with tokens, taxation and licensing for such operations. Despite all the inconsistency chances of carrying out successful ICO increasing if you create a demanded product, develop useful service or make in-demand goods.
Yes it has. In some lands its an investment asset like stock in others its a speculative item depending on most lands separate or join both terms and in others is a virtual commodity but it is indeed regulated not just some thing you can create out of thin air and get it running.
In fact most governments have started writting regulations for Cryptocurrency while others already have and tax these items heavily.
You can join us here, we will give an answer to all your questions: https://t.me/sandcoin
Here is the link to the project: https://sandcoin.io/
Here is the link to the project: https://sandcoin.io/
Also you can found us on Facebook: https://www.facebook.com/SandCoinICO and on Twitter: https://twitter.com/ruslanyocto
[/quote]
Now for a commercial break...
PS. I wish you luck with your business but i don't hold any love for ICOs at the moment for obvious reasons.
Financing (funding) is one of the most important factors for the development of any business. It is especially difficult for the one who opens the business to receive initial investments even if the business plan is well thought over and the idea promises considerable benefit. Taking a loan in a bank is expensive, private investors` money – it is risky. An amount, necessary for the start, not always manages to be collected quickly. Collecting of the necessary amount is rather difficult. Therefore in the real sector of economy so many companies run an initial release of tokens, it is called ICO (Initial Coin Offering).
Nowadays ICO is considered to be one of the most comprehensible forms of investment. The idea of ICO is close to crowd-funding: future clients or buyers support forms of business that they are interested in with their capital.
The benefits of ICO
Without enough investments business will not be able to hold on afloat long enough to get stronger and grow up.
The following prevents businessmen to find favourable investments quickly:
• banks are often not interested in providing financial support on conditions favourable for startups,
• the bank can demand some pledge and by that limit the capacity of the investments,
• investors, that are difficult to be found for novice entrepreneur, want to return their invested assets quicker and demand big part of the business,
• entrepreneurs are forced to spend a lot of time to assure people in the future success of the idea, instead of starting negotiations with initially interested consumers.
It is important to understand: any business can use the ICO to raise funds. Often, teams bring projects to the ICO at the initial stage while they are not fully planned. Key moment of the successful ICO is to think thoroughly how exactly you will introduce technology of a blockchain into your project.
The Russian “crypto-farmer” Mikhail Shlyapnikov, for instance, collected about 400 BTC on ICO and now transfers a blockchain to the social sphere, developing the individual retirement funds for workers and partners of the farm.
Particularity of negotiations with investors
ICO — the tool which can facilitate life to the beginning businessmen, help with development to the promising existing projects. Participation in ICO can make high profit, but also risks for investors are high.
When planning a strategy answer the following questions and share answers with potential investors:
• Is your product demanded on the market?
• How much time do you need to finish development?
• What current problems of the market and consumers will be solved by your product or service?
• How do potential users react on future product? Whether they are ready to invest in its development?
The cryptocurrency has not yet received legal qualification worldwide. It is necessary to settle regulation of financial operations with tokens, taxation and licensing for such operations. Despite all the inconsistency chances of carrying out successful ICO increasing if you create a demanded product, develop useful service or make in-demand goods.
You can join us here, we will give an answer to all your questions: https://t.me/sandcoin
Here is the link to the project: https://sandcoin.io/
Also you can found us on Facebook: https://www.facebook.com/SandCoinICO and on Twitter: https://twitter.com/ruslanyocto
Nowadays ICO is considered to be one of the most comprehensible forms of investment. The idea of ICO is close to crowd-funding: future clients or buyers support forms of business that they are interested in with their capital.
The benefits of ICO
Without enough investments business will not be able to hold on afloat long enough to get stronger and grow up.
The following prevents businessmen to find favourable investments quickly:
• banks are often not interested in providing financial support on conditions favourable for startups,
• the bank can demand some pledge and by that limit the capacity of the investments,
• investors, that are difficult to be found for novice entrepreneur, want to return their invested assets quicker and demand big part of the business,
• entrepreneurs are forced to spend a lot of time to assure people in the future success of the idea, instead of starting negotiations with initially interested consumers.
It is important to understand: any business can use the ICO to raise funds. Often, teams bring projects to the ICO at the initial stage while they are not fully planned. Key moment of the successful ICO is to think thoroughly how exactly you will introduce technology of a blockchain into your project.
The Russian “crypto-farmer” Mikhail Shlyapnikov, for instance, collected about 400 BTC on ICO and now transfers a blockchain to the social sphere, developing the individual retirement funds for workers and partners of the farm.
Particularity of negotiations with investors
ICO — the tool which can facilitate life to the beginning businessmen, help with development to the promising existing projects. Participation in ICO can make high profit, but also risks for investors are high.
When planning a strategy answer the following questions and share answers with potential investors:
• Is your product demanded on the market?
• How much time do you need to finish development?
• What current problems of the market and consumers will be solved by your product or service?
• How do potential users react on future product? Whether they are ready to invest in its development?
The cryptocurrency has not yet received legal qualification worldwide. It is necessary to settle regulation of financial operations with tokens, taxation and licensing for such operations. Despite all the inconsistency chances of carrying out successful ICO increasing if you create a demanded product, develop useful service or make in-demand goods.
You can join us here, we will give an answer to all your questions: https://t.me/sandcoin
Here is the link to the project: https://sandcoin.io/
Also you can found us on Facebook: https://www.facebook.com/SandCoinICO and on Twitter: https://twitter.com/ruslanyocto
Jump to: