Topic: Taking a Company Public With an ICO (Read 123 times)
the cost of doing ICOs are really getting very expensive, and if there is no technological application of the token as a utility or meaningful use of blockchain, you might be better off raising money via crowdfunding sites or traditional methods.
If your business is not cryptocurrency related and not even internet related,just forget about ICOs.
I don`t think that an ICO can make your company "public".ICOs are not like listing your stocks on Wall Street.
You can offer dividends to your investors,but an ICO won`t be the best option for fundraising in your case.
You want to spend around 1M USD for marketing?Perhaps you should talk with marketing experts and find a way to lower this budget.
I don`t think that an ICO can make your company "public".ICOs are not like listing your stocks on Wall Street.
You can offer dividends to your investors,but an ICO won`t be the best option for fundraising in your case.
You want to spend around 1M USD for marketing?Perhaps you should talk with marketing experts and find a way to lower this budget.
I own a profitable home improvement company in the U.S.
I want to know if anyone knows the legality of using an ICO to take it public, offer dividends, etc.
We want to stick with a home painting category which carries a 50%+ profit margin and is easily expandable.
We want to offer something that has never been offered to customers needing home improvements, a flat rate insurance policy for
the work performed and for future work such as exterior home painting.
In the insurance offer aspects of the company a simple fee of $50-$100 charged monthly can be profitable.
About the company:
Started in 1994, re-branded 2017.
Performs ~20 jobs per month with a monthly revenue after expenses of $50,000-75,000
The goal would be to raise $1,000,000 in initial capital which would be used mainly for marketing and legal consultations to keep it going.
I can see the monthly revenue increasing by 10x or more within months with just the right marketing campaigns.
Helpful input is welcomed, this is only an idea.
I want to know if anyone knows the legality of using an ICO to take it public, offer dividends, etc.
We want to stick with a home painting category which carries a 50%+ profit margin and is easily expandable.
We want to offer something that has never been offered to customers needing home improvements, a flat rate insurance policy for
the work performed and for future work such as exterior home painting.
In the insurance offer aspects of the company a simple fee of $50-$100 charged monthly can be profitable.
About the company:
Started in 1994, re-branded 2017.
Performs ~20 jobs per month with a monthly revenue after expenses of $50,000-75,000
The goal would be to raise $1,000,000 in initial capital which would be used mainly for marketing and legal consultations to keep it going.
I can see the monthly revenue increasing by 10x or more within months with just the right marketing campaigns.
Helpful input is welcomed, this is only an idea.
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