Will it be a good choice to launch an ICO for my already running app ? - page 2.

Zocadas

hero member

Activity: 909

Merit: 508

Quote from: khanof89 on April 14, 2018, 05:25:18 PM

Quote from: Zocadas on April 14, 2018, 05:20:54 PM

Quote from: khanof89 on April 14, 2018, 05:10:32 PM

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

Before you run an ICO, you should first get familiar with ICO regularities/taxes in your country. But generally it is a good idea to combine solid offline business like yours with ICO. You seem to have also several users of your app.

The government keeps taking strange actions on crypto currencies over here but I still see people launching ICO every week with a grand press release etc.

Yes, but you should really get familiar with regulations and conditions for launching ICO in your country, to avoid unneeded trouble. But I wish you great success. I saw your app. It is not available in play store in my country, but screenshots are great.

khanof89

newbie

Activity: 41

Merit: 0

Quote from: wwzsocki on April 14, 2018, 05:32:03 PM

Quote from: khanof89 on April 14, 2018, 05:10:32 PM

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

I am not an expert in this field but I have seen ICO with no working product, no white paper only ANN thread. So you are far better than this projects and few of them succeeded so why not your app? Already working product with growing user base. If you write a good white paper and if you run successful bounty campaign there is big chance that your ICO will be successful.

Thanks for the motivation, writing a whitepaper is a tricky affair, atleast for now because I haven't thoroughly reviewed any of those available on ICO websites. But then the next question is; will people be interested to invest in an ICO where there is only one person at the moment.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: khanof89 on April 14, 2018, 05:25:18 PM

The government keeps taking strange actions on crypto currencies over here but I still see people launching ICO every week with a grand press release etc.

You shouldn't if the government is keeping an eye to cryptocurrencies there but AFAIK there's no ban there so it's still good. At first, what's the reason and you came up to an idea that you should start an ICO? You are earning well with cash and do you think there will be people customers who are willing to take part of your tokens? I think if your business is running well, you don't have to run an ICO unless you are starting to become bankrupt and you have to upgrade.

wwzsocki

legendary

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First 100% Liquid Stablecoin Backed by Gold

Quote from: khanof89 on April 14, 2018, 05:10:32 PM

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

I am not an expert in this field but I have seen ICO with no working product, no white paper only ANN thread. So you are far better than this projects and few of them succeeded so why not your app? Already working product with growing user base. If you write a good white paper and if you run successful bounty campaign there is big chance that your ICO will be successful.

Nekrasova

newbie

Activity: 42

Merit: 0

Why not ?)

khanof89

newbie

Activity: 41

Merit: 0

Quote from: Zocadas on April 14, 2018, 05:20:54 PM

Quote from: khanof89 on April 14, 2018, 05:10:32 PM

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

Before you run an ICO, you should first get familiar with ICO regularities/taxes in your country. But generally it is a good idea to combine solid offline business like yours with ICO. You seem to have also several users of your app.

The government keeps taking strange actions on crypto currencies over here but I still see people launching ICO every week with a grand press release etc.

Zocadas

hero member

Activity: 909

Merit: 508

Quote from: khanof89 on April 14, 2018, 05:10:32 PM

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

Before you run an ICO, you should first get familiar with ICO regularities/taxes in your country. But generally it is a good idea to combine solid offline business like yours with ICO. You seem to have also several users of your app.

khanof89

newbie

Activity: 41

Merit: 0

Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?

The Website address is: http://acchakhana.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana

Any inputs/guidance would be really appreciated

Topic: Will it be a good choice to launch an ICO for my already running app ? - page 2. (Read 136 times)