Why do People Invest in Initial Coin Offerings (ICO)

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Overview of ICO:

 

Crowdfunding has been the prime source for entrepreneurs to develop their businesses. But the previous decade has other stories. Crowdfunding has become a portal to scam investors. This has caused the loss of many potential investors. To avoid this crypto crowdfunding was introduced. It is more secure when compared to traditional crowdfunding. 

 

An initial coin offering (ICO) is carried out to raise funds from the investors for a project. The money raised in an ICO is used for the development of the company and works as capital for the company. Even after the ICO is completed, the fundraiser can issue tokens for business purposes. In simple terms, an initial coin offering is a program processed by crypto startups. So they can pave the way to raise funds and benefit the investors.

 

Benefits Of Initial Coin Offering : 

 

• ICO is open for everyone in spite of geographical locations. Therefore it offers a  complete supply of cryptocurrencies around the globe.

 

• The projects can raise funds in a completely decentralised manner, which is quite important.

 

• For people/companies looking to raise funds, this is a fast and easy method because marketing costs are very low.

 

• Third parties like banks are not involved in financial processes if you use an ICO

 

• It provides easy access to tokens which will become a truly valuable cryptocurrency in near future. It is often seen as an asset by the investors

 

• For project creators, it paves ways for building a community of people who support their project.

 

• Investors can become a part of a community or project of their interest if they provide funding through ICO’s.

 

If you are a startup willing to raise funds by launching an ICO by accommodating all these benefits, the feasible way is to hire the right ICO development company. However, there are many ICO development companies out there in the crypto markets. No worries, I have taken the burden to find out a reliable firm, Zab technologies. It is a prominent ICO Development company that offers end to end ICO development services.

 

If you want to discuss your requirements regarding raising funds using ICO, you can consult with the Blockchain experts from Zab technologies via,

Mail-id: [email protected]

Whatsapp: +91 77085 29089

Telegram: https://t.me/Zabtechnologies

skype: live:contact_86571