Topic: ICO vs No ICO? (Read 135 times)

I'm trying to decide whether to have an ICO or not. Here are the Pros and Cons

Have ICO:

CONs
- Coin will likely have less value
- Coin will likely tank as soon as listed on exchange due to investors taking profits
- HODLers will have to HODL longer to make good return

PROs
- Can raise money for the company
- Less risk for company

CONs
- Coin will likely have less value
- Coin will likely tank as soon as listed on exchange due to investors taking profits
- HODLers will have to HODL longer to make good returns

ICO is only good if you (as the developer) want to make some auick money without doing much and then going away to next one.

This is correct if it's a pump and dump. This isn't, and 7 months of non-stop developing has gone into this already. Not exactly quick money, and more work needs to be done.

wrong. it would be worth more only if you advertise it more and pump it initially.
OR
if you are creating a really unique cryptocurrency that can interest people enough to actually buy it because they know it is a useful coin not just another altcoin being added to thousands of already existing coins!

Price per coin is dictated by the seller of the coin. Volume is dictated by the interest of the coin. Low volume usually = lower price. What I was saying, if there is no ICO and I market it and then release it into the wild, everyone would have to buy the coins from me at whatever price I set. The coin has competition as it's a rewards coin, but it has advantages over the others. The problem that all rewards coin face is this... USING THEM. Who is accepting the coin? Before I go live, whether it's ICO or not, I'm going to build relationships with companies that will promise to accept it as payment first. This will really stand out form the others.

if by this you mean a pre-mined altcoin then your project loses a lot of its value right here...

That completely depends on the utility of the coin. To save a debate here I'll just leave it at that. But I will say this POS coins are preferred. 

that is not something that you can control with or without ICO. even bitcoin (which is the biggest of all by a big margin) is not stable.

It is absolutely something you can control. USDT is a great example of that. So is BNB. Even apart from those, there are other ways to regulate volatility once a coin is initially listed on an exchange, and that is what I'm talking about. That initial nose-dive most coins make int he beginning. That is what i want to avoid solely for the benefit of the supporters and HODLers.

the only thing i can say is this: Satoshi is a billionaire and he never premined bitcoin and he never ran an ICO. what he did was that he created a useful thing and worked on it to grow it more.

Those are good points and off course your No ICO analysis is good as well.

However this is crypto space and it completely void when new coin is formed. To be frank they do need lot of money to work on the prototypes, real modelings, and further products and services development. When ICO is offered they are actually from the companies which starts with scratch. So the only funding source that they get is the ICO.

Even with the real world IPO concept is very popular when it comes to the setting up of start u businesses. IPO is just Initial Public Offering where company proved stocks with very tiny rates.

So you can imagine why ICO is important as well as it could be confusing too.

No ICO:
PROs
- Coin could be worth more as I could establish value by purchasing assets before being listed on exchange.

- Can manage the roll-out of coins to be sold on market as everyone would have to buy coins from me initially.

- Coin would have more stability and likely be less volatile

CONs
- More risk for company as I may not earn enough through sale of tokens on exchange.
- Company will likely raise less money overall.