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Topic: Is it normal to build a crypto currency without ICO - page 2. (Read 594 times)

member
Activity: 126
Merit: 11
#1 ICO on a Global eCommerce Ecosystem! Worldwide
Yes, actually there are some successful coins today that are being straight to coinmarketcap.com without passing through ICOs.
Bitcoin and it's forks like Bitcoin Cash, Bitcoin Diamond, Bitcoin Gold, Segwit2x etc.
USDT Tether and more.
Popular coins don't need to conduct ICOs because they know that people would market their coins even it's already on the circulation market.
But still ICO is the best way to introduce and expose the coins into the market in order to circulate and not only ICO but also bounty campaigns and Airdrops.
jr. member
Activity: 448
Merit: 1
I think an ICO is a must for launching any new coins. If you launch a coin without an ICO I don't think there will be much people who would like to consider buying your coin at all. Where as, after an ICO your coin's demand might rise. So I don't think it is a good idea, and you should conduct an ICO, or else your coin might die and your money would be wasted.
I support your opinion. I also think that ICO is a mandatory procedure, because many people want to buy cheaper and sell at a higher price. This is the right of people. Therefore it is worthwhile to conduct ICO.
full member
Activity: 477
Merit: 102
Radix-The Decentralized Finance Protocol
Me and my team building a new Altcoin. The first Egyptian altcoin. So we didn't want to start it with an ICO. Is it normal to start a coin without an ico and if yes what is the effect of that
Are you probably doing the airdrop? Otherwise, how do you plan to distribute your coin and increase the number of its holders?
member
Activity: 392
Merit: 13
airdrops, bounties, or other fair distribution methods are much better way in my mind to build a strong crypto community instead of doing a shady ICO, where a lot of icos just run away  with the money.
member
Activity: 210
Merit: 10
It's normal only if you have some material things, which can be like proof of value for your altcoin, but it's easier to create ICO campaing and create your alt based on it
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Crypto are normal coin. ICO is only for people who want to collect money to develop their project. There are not many ICO about creating a whole new cryptocurrency. ICO is for startup and companies which want to change the world with their whole new idea, project and inventions
member
Activity: 238
Merit: 15
As i see now, this a new trend to make new altcoin without ICO. I think, it's more profitable for owners.
member
Activity: 196
Merit: 11
Taklimakan Network : Business Platform for Crypto
Do you remember Bitcoin started with ICO or not? Smiley))
That is the answer!
ICO just helps you to get some money but if you have development team or enough money on it - why no?  Make you own currencies and convice exchanges to list it.
full member
Activity: 238
Merit: 100
It is little difficult but not impossible to build cryptocurrency without ICO. There are many coin which have faced success without ICO. But an ICO helps the project to raise some capital for the better development of the project. And just because of ICO, maximum number of people get to know about the project.
full member
Activity: 453
Merit: 100
Not many, perhaps only those who want to keep this in a certain group of people, or those who don't care about it or think maybe they don't need it, or is being a very sad scam...


it's still like with all of the other currencyes... but if it's meant to be used more by closed group, or limited, then they really don't care...
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I think an ICO is a must for launching any new coins. If you launch a coin without an ICO I don't think there will be much people who would like to consider buying your coin at all. Where as, after an ICO your coin's demand might rise. So I don't think it is a good idea, and you should conduct an ICO, or else your coin might die and your money would be wasted.

You are the reason for this crazy ICO trend. Plenty of new coins launched in the past without ICOs, I own several now, Bitcoin is the most notable. Even Byteball is something I am very proud of, yes it was an airdropped coin (on Bitcoin balances) but its development is superior to so many ICO coins. Or look at Litecoin, or even more recently raiblocks (now Nano). Wonderful projects, wonderful communities. And they are doing so well in price (not that it is a problem if they are not).

Usage, tech. Those are important. Not price.
member
Activity: 420
Merit: 11
cryptocurrency directly launching in exchanger need lot of capital then they can launch whereas ico give a lot of attention to the public in the form of advertising
full member
Activity: 420
Merit: 106
I think an ICO is a must for launching any new coins. If you launch a coin without an ICO I don't think there will be much people who would like to consider buying your coin at all. Where as, after an ICO your coin's demand might rise. So I don't think it is a good idea, and you should conduct an ICO, or else your coin might die and your money would be wasted.
member
Activity: 276
Merit: 10
but why not, you can. but only whether there will be a sense in this. how will you attract investors. This is a fairly convenient and fast way
member
Activity: 448
Merit: 60
imagine me
I've seen some coins that didn't have an ICO or ITO, some are mineable and some are not. If you have the resources to have for funding your own project; you may survive the world of digital cash, if it's mineable. As for the effects of not having an ICO; I'm not pretty sure about it, how are you going to distribute you coin?, is it mineable or not?

Anyways, for you to have some specific detail on how you can manage your own altcoin, you might want to consider the Dogezer team:
their site: https://dogezer.com/
their announcement thread: https://bitcointalksearch.org/topic/annico-dogezer-next-gen-collaborative-platform-for-software-development-2100916
full member
Activity: 658
Merit: 100
The whole essence of alternative coin is building coin that I'd different from bitcoin in to  another use.  ICO recently has become  fad! Cryptocurrency especially Altcoin are supposed to be coin in quest for something.  e. g Payment,  payment platform, allied services etc.
full member
Activity: 700
Merit: 105
APESWAP
A lot of icos are just scams for money.  It's more respectable to start a coin through an airdrop or some other type of fair distribution model.
  What matters is a projects usecase. Most of this airdrops these days are Scams as well. Most projects go dead once they hit an exchange. Most times the Devs sell out and abandon the project. What should matter is how well the Dev is prepared to push the project up. And also what the project is trying to solve in the real world. Good usecase drives demand and demand keeps a project alive.
full member
Activity: 504
Merit: 100
Of course this is normal, if you have your money and they are enough for you to develop and implement your idea, then why not, then you do not need to conduct an ICO, but the point is that people conduct an ICO in order to simply Collect money to realize your idea, because they do not have their own or they do not have enough
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
Yes, it's perfectly normal. Many tokens don't have an ICO, but they can distribute tokens in a number of ways, like airdrops.
But the airdrop fees needed are high and not worth it.
full member
Activity: 700
Merit: 105
APESWAP
Yes it is possible. Take a look at Blue project, there was no ICO, but the project development is coming out fine. One can develop their project without ICO.  ICOs are needed when you don't have developers and you have to employ people who code to do the work for you. Then such projects needs ICO to help finance the development.
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