Crypto Market Analysis

  • Free
  • Published date: January 21, 2019
    • Bronx, us, india, Australia




What is an ICO: ICO stands for Initial Coin Offering, which means that a company is giving an opportunity to investors to invest in some units of a new cryptocurrency in exchange for an existing coins, like Bitcoin, Ethereum, or Litecoin. Since 2013, when cryptocurrencies were introduced to investment world, this has been the way in which the development and implementation of new currencies have been funded. These pre-created tokens can be sold and exchanged easily on cryptocurrency exchanges, provided it is an ICO that is popular and stirred up some demand.As mentioned earlier, effective and well-planned strategy is the key to creating a hype about particular ICO. It is proved that the most successful ICOs are those whose integrated service and currency or the token are inter-linked to each other.Why do you need to promote your ICO?Not long ago, cryptocurrencies existed on the sidelines of our society and you wouldn't know much about them unless you were really into finance or technology. The case is completely opposite these days, with people from all walks of life and every part of the society taking some sort of interest in cryptocurrencies. This new-found interest has triggered stiff competition among ICOs and various existing currencies. Since ICO is an unregulated marketplace, there's always a risk that threatens investors that they could fall prey to scammers or dubious individuals.


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