Generally, blockchain technology plays a key role in each field to improve the comfort of each human activity and emerging technologies. Regarding this, the crypto market has improved with the advent of blockchain technology. Crypto-business ideas have turned out to be one of the best high-revenue generating businesses among cryptopreneurs. Among the existing revenue-generating crypto business, crypto crowdfunding is the most unique one. Numerous entrepreneurs have benefitted from crypto crowdfunding. There are various crypto crowdfunding platforms like IDO, STO, IEO, ICO, etc in the crypto space. ICO with its unique characteristic outstands among these crowdfunding platforms.
In this blog, you can gain knowledge about ICO development, why cryptopreneurs hunt for ICO, the best ICO development company, etc. Now, let’s begin…..
What is an ICO, and why does it matter?
ICO is the most significant crowdfunding platform in the crypto environment. Before the introduction of ICO, people raised funds with the help of traditional crowdfunding platforms like IPO. Raising funds Via IPO involves various complications and also needs large funds and regulatory sanctions. This makes the newbies step back and search for some other crypto crowdfunding method.
At this time numerous people turned their focus toward ICO. As it is entirely a simple mode of fundraising. To be precise, an ICO is a crypto version of an IPO which has numerous benefits. Using an ICO method, startups achieve their funds as per their requirement. There is no middleman involvement or central authorities. Whereas ICO facilitates you to increase your funds independently.
While talking about the working function of an ICO, the crypto tokens are utilized to raise funds. Here, the fundraising startup would provide crypto tokens in turn for the money funded by the investors. Once completing the ICO development, the fundraising startup would list those tokens on some of the famous exchanges. The investors would hold or sell those tokens once their market value raises. This is how ICO development includes.
How Does a Startup Raise Funds through ICO?
Before starting an ICO campaign, one has to consider a few things. Now let’s discuss them…
Whitepaper Creation
A whitepaper is an important thing to be carried out for creating an ICO development. The whitepaper is nothing but a blueprint that depicts all the technical information related to the ICO project. It incorporates all possible information like ICI advisory, details about crypto tokens, legal issues, team description, marketing strategies, roadmap, vision and mission of the project, and all information related to ICO projects.
Investors will go through your whitepaper and will decide whether to fund your ICO project or not. So, your whitepaper should be clear and briefly explained. People with crypto knowledge will keenly verify each and every line of your whitepaper. Hence, your whitepaper must be drafted in a way to grab them. You must mind one thing: the white paper would decide the success and failure of your ICO project.
Crypto Token Development
This is a mandatory factor in ICO platform development. Crypto tokens will be built as per your business requirements and interests. You should frame the token name, token supply, a symbol for the token, etc. Crypto tokens could be developed in any of the significant blockchain networks such as Binance Smart Chain, Tron, Ethereum, etc. There are a number of token standards like BEP20, TRC20, and ERC20 for ICO token development. Among all the token standards, the ERC20 token has high preference among entrepreneurs. The creation of crypto tokens takes place in two ways: creating the token by yourself or going with a recognized crypto token development service provider. Creating a crypto token by yourselves will lead to some kind of technical errors. To avoid this kind of error it is better to go with a best crypto token development service provider which will be the best option for your ICO development.
ICO Website Creation
An ICO website is designed in a way to attract numerous cryptopreneurs to your ICO project. Your website must be vivid and impressive. Information such as a roadmap, team details of your project, and project milestones must be induced on the site.
Here, I shall offer you a rough draft that depicts the outline for your ICO website.
- A brief explanation of your project
- Roadmap
- Presentation video
- Subscription form
- Team details
- Press coverage: referral links to articles, guest posts, Pinterest, and podcasts
- Whitepaper
- Terms and conditions
- Partners, investors, and ICO advisory
- Contact information and social media referrals.
- Customer reviews.
If all these above factors are induced in the ICO website, then ICO could be established seamlessly. ICO development can be done in two ways: either from scratch or using a ready-made development.
The unique technique to create your ICO website is the ICO Dashboard development. So, you can establish your ICO effectively by purchasing a premium ICO development service from a recognized ICO development service provider in the crypto space.
Why Do ICO Development Services Matter?
Many ICO development service providers are existing in the crypto environment. Here, let us see the reason to choose a service provider rather than developing from scratch.
An ICO development company would develop your ICO website more effectively. An ICO platform is built by professional developers so it minimizes time and cost drastically.
They will help you from the initial phase till the end of your ICO development process. This is the key to going with a service provider rather than building from scratch.
ICO services are split into two phases: Pre-ICO service and Post-ICO service. Let’s discuss this in the upcoming section.
Pre ICO VS Post ICO Services
Pre-ICO Services
Whitepaper Creation
The whitepaper of your project must be updated regularly for the valuable investors to provide them with all related information about your ICO project
Promoting and Marketing
Marketing strategies like Content marketing, articles, press releases, etc are used to promote your ICO project.
Pre-ICO landing page
The landing page for ICO must be vivid and impressive in a way to grab more cryptopreneurs.
Customer Support
Dedicated customer support teams aid both clients and investors at any time.
Post-ICO Services
Crypto Token development
Based on your business preference a unique crypto token will be created on the preferred blockchain network.
Exchange Listing
Once completing ICO, crypto tokens will be listed on the famous exchange for the purpose of trading.
ICO Reporting
To examine the result and performance of your ICO project, we would provide you with a brief summary.
Select the Recognized Blockchain network
To make your ICO project a successful one, your tokens will be created on business-friendly, trusted blockchain networks like Ethereum, BNB smart chain, and Tron.
Additionally, we will discuss the factors to be considered while selecting an ICO development company.
Why Should you Approach an ICO Development Company?
There is some advantage to going with an ICO development service provider. Let’s see briefly….
ICOs are cost-effective and time-saving
Compared to other crowdfunding techniques, ICO is the most cost-effective and simple to launch as it won’t induce regulatory parameters. They have a skilled team of developers for building an ICO in a seamless manner.
Fast process
Beginning an ICO development process is not a simple task developing on your own. Getting started with ICO and raising funds is a much more elaborate and challenging task for raising startups. So, it is simpler to go with an ICO development company, which will create your platform in a few business days. They follow some of the tricks to achieve your business goals more efficiently.
Targeted funds can be raised
The ICO development company aids you in the growth of your business. They will take the responsibility from requirement gathering till deployment and marketing of your project. They will help you to raise funds in a stress-free manner for your business.
On considering all these advantages, several rising entrepreneurs desire to go with a well-recognized ICO development company to launch their ICOs effortlessly.
With this, have you got tempted to be the owner of the ICO platform? then go for a recognized ICO development company.
Come, let me say…
Why Choose Zodeak for Initial Coin Offering Development?
There are several ICO development service providers in the crypto environment. Among recognized providers, Zodeak stands out. Zodeak has 5+ years of experience in ICO development. We have skilled blockchain developers to deliver your project on time. If you are interested in purchasing an ICO development service, then we are ready to provide you feature-packed ICO development service in the crypto market. So your ICO platform will stand out in the crypto industry. Approach Zodeak to kickstart your crypto business and get succeeded in it.
