|
Title: What does it need to start an ICO? Post by: lockept93 on July 09, 2017, 09:41:12 PM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) Title: Re: What does it need to start an ICO? Post by: aakashsangwan on July 09, 2017, 10:32:25 PM There are many things you should account for in starting an ICO (this is what I think) a good idea, dedication to pursue your dream whatever happens in your life, a great website, good team, hardworking marketing team; they are the Backbone of money flow in an ICO, escrow are a must so that the owner doesn't run away with the funds. I am open to other ideas, as I also have no experience in hosting ICO.
Title: Re: What does it need to start an ICO? Post by: lockept93 on July 11, 2017, 05:14:54 AM There are many things you should account for in starting an ICO (this is what I think) a good idea, dedication to pursue your dream whatever happens in your life, a great website, good team, hardworking marketing team; they are the Backbone of money flow in an ICO, escrow are a must so that the owner doesn't run away with the funds. I am open to other ideas, as I also have no experience in hosting ICO. The concept is ready, also first little works started. But this project needs more workers - this is why i look around for a crowdfunding possibility. Title: Re: What does it need to start an ICO? Post by: europesss on July 11, 2017, 05:23:15 AM To most of the ICOs, only stories are needed. sweet one is better.
Title: Re: What does it need to start an ICO? Post by: lockept93 on July 11, 2017, 05:53:31 AM To most of the ICOs, only stories are needed. sweet one is better. Yeah - it needs a dream. I got it. :) Title: Re: What does it need to start an ICO? Post by: nappoleon on July 11, 2017, 05:59:16 AM You need a working product!!!
Title: Re: What does it need to start an ICO? Post by: lockept93 on July 11, 2017, 07:00:01 AM You need a working product!!! I dont think so, cause there would be mostly no funding needed. Title: Re: What does it need to start an ICO? Post by: ololajulo on July 11, 2017, 07:13:36 AM Everyone wants to have an ICO now, this looks like a bubble also. The should be check on the ICO thing and people should focus on the project. The ICO idea had aslo brought in various scam in different degrees. Angel investors,Hegde fund and VC cant be trusted lately. Everyone is just exploiting it
Title: Re: What does it need to start an ICO? Post by: wnfmzm74 on July 11, 2017, 07:28:52 AM I think the most important things is that have a special idea
some ways to made the world beautiful or change the life ! Title: Re: What does it need to start an ICO? Post by: lockept93 on July 11, 2017, 07:29:23 AM Everyone wants to have an ICO now, this looks like a bubble also. The should be check on the ICO thing and people should focus on the project. The ICO idea had aslo brought in various scam in different degrees. Angel investors,Hegde fund and VC cant be trusted lately. Everyone is just exploiting it If i got a visible project and use open to see and escow - i dont see a problem. Black sheeps are no argument to compare it with every funding project. imo :) Title: Re: What does it need to start an ICO? Post by: lockept93 on July 12, 2017, 03:43:20 AM ;)
Title: Re: What does it need to start an ICO? Post by: The Goat Master on July 12, 2017, 01:10:54 PM Working and sustainable product/model
Title: Re: What does it need to start an ICO? Post by: elite3000 on July 12, 2017, 01:13:49 PM A site, a thread and some suckers to send your money, if you can convince them of your idea.
Title: Re: What does it need to start an ICO? Post by: MarkReuter on July 12, 2017, 02:07:25 PM 1.Where should I start?
2.Are ICO campaigns suitable for any business? 3.So, should I conduct an ICO campaign for my product? 4.What should I focus on before launching an ICO? 5.How to leverage the team in an ICO campaign? 6.How to communicate the project’s goals to the audience? 7.How to protect the investors’ interests? 8.Which factors are important during the actual ICO? 9.Are there any special tools for better ICO campaigns? 10.What should I avoid doing when running an ICO? Title: Re: What does it need to start an ICO? Post by: giveen on July 12, 2017, 02:32:42 PM There is a big difference between ico and crowdfund. In vrowdfund you raise money for introducing something new to the market but the people who fund your project you have to give them the product. In ico all the money you raised you can keep it with yourself and instead of giving the users product which costs you issue tokens which barely costs the owner anything and best part any amount of token can be issued so it's way more cheaper and profitable than crowdfund.
Title: Re: What does it need to start an ICO? Post by: yonghongtang on July 12, 2017, 03:00:47 PM I think you need an idea which is special and helpful to crypto world or real life, and a team for developing product.
Title: Re: What does it need to start an ICO? Post by: inthelongrun on July 12, 2017, 03:11:02 PM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) You are a senior member here mate, so I know you know much better than me. But I think you should not even be thinking of the ICO first. That's just actually an instrument somehow. I think you have to start somewhere really important. Perhaps something that answers the question "What is it that you want to address with your ICO?" Or "What is it you have in mind that would help human life or provide improvement to the society or humanity in general?" Questions like these need to be asked first. Title: Re: What does it need to start an ICO? Post by: Ayers on July 12, 2017, 03:24:40 PM I think you need an idea which is special and helpful to crypto world or real life, and a team for developing product. lol no, this is the last thing you need, did you see that all the ico are all shit copy pasted from each other with no original idea, but random faces, that thing they can get rich quickly, all are smart contract without no purpose, there are few expection like gigawatt and Tezos, but all in all you just need a new name to start an ico and pretty face on first page Title: Re: What does it need to start an ICO? Post by: FrankNoland on July 13, 2017, 07:09:09 AM You need a team, you need funds, developers and programmers, marketing
Title: Re: What does it need to start an ICO? Post by: nappoleon on July 14, 2017, 01:40:30 AM You need a working product!!! I dont think so, cause there would be mostly no funding needed. What do you mean no funding? The sole purpose of an ICO is funding. Title: Re: What does it need to start an ICO? Post by: lockept93 on July 14, 2017, 01:55:49 AM There is not allways a finished product needed for a funding.
Mostly there is a plan to create and publish an idea of a product. So i mean, there is no finished product needed to start a funding. Title: Re: What does it need to start an ICO? Post by: nappoleon on July 14, 2017, 02:13:25 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project.
Title: Re: What does it need to start an ICO? Post by: lockept93 on July 14, 2017, 02:27:44 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Title: Re: What does it need to start an ICO? Post by: nappoleon on July 14, 2017, 02:43:53 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Imo, there's no need for an ICO when you're just going to publish a whitepaper. Just get it together and publish it, when you already have a team then maybe you can get a test net up and running. Title: Re: What does it need to start an ICO? Post by: lockept93 on July 14, 2017, 03:06:31 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Imo, there's no need for an ICO when you're just going to publish a whitepaper. Just get it together and publish it, when you already have a team then maybe you can get a test net up and running. But this project needs much more working power to realize it. I plan a funding and using an escow to pay the workers. With stady updates and process proofs. But atm im not really sure how to raise up a funding. This is why i open this thread. Maybe there some people out there who want to join the team. Title: Re: What does it need to start an ICO? Post by: nappoleon on July 14, 2017, 06:24:51 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Imo, there's no need for an ICO when you're just going to publish a whitepaper. Just get it together and publish it, when you already have a team then maybe you can get a test net up and running. But this project needs much more working power to realize it. I plan a funding and using an escow to pay the workers. With stady updates and process proofs. But atm im not really sure how to raise up a funding. This is why i open this thread. Maybe there some people out there who want to join the team. Do you have a github repo of the project? Title: Re: What does it need to start an ICO? Post by: lockept93 on July 14, 2017, 07:03:28 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Imo, there's no need for an ICO when you're just going to publish a whitepaper. Just get it together and publish it, when you already have a team then maybe you can get a test net up and running. But this project needs much more working power to realize it. I plan a funding and using an escow to pay the workers. With stady updates and process proofs. But atm im not really sure how to raise up a funding. This is why i open this thread. Maybe there some people out there who want to join the team. Do you have a github repo of the project? No - too early stage atm. I said working starts, but this hole project is just at the beginning. The concept is ready. Now im looking for people want get in to realize and gather some informations here. (sry im no coder and i have no knowlage about all these github and coding things) If you compare with a computer game for example - atm the first trees on a landscape are in progress :D Title: Re: What does it need to start an ICO? Post by: Zadicar on July 14, 2017, 11:35:35 AM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) Title: Re: What does it need to start an ICO? Post by: flower1024 on July 14, 2017, 12:51:12 PM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) Title: Re: What does it need to start an ICO? Post by: evader11 on July 14, 2017, 02:14:19 PM It need to make a sense to the project first and always put on your mind why you make this project. You should make also a roadmap because that is one of the investors seeing. And the most important in ICOs is how secure the funds of investor and if you put escrowed on it we know that bunch of investors will join crowdsale.
Title: Re: What does it need to start an ICO? Post by: AltcoinAuthority on July 14, 2017, 09:08:56 PM There is not allways a finished product needed for a funding. Finish the project then launch the ICO, there shouldn’t be any ICO’s that aren’t finished with what they are stating that they are trying to do because they are only relying on wishful thinking. Most people that make these ICO’s now days like to state that they are working on this or that though they hire some cheap programmer to do all their dirty work once they receive the money from the ICO’s or the previous ICO’s that they’ve made.Mostly there is a plan to create and publish an idea of a product. So i mean, there is no finished product needed to start a funding. Title: Re: What does it need to start an ICO? Post by: lockept93 on July 16, 2017, 03:08:01 AM There is not allways a finished product needed for a funding. Finish the project then launch the ICO, there shouldn’t be any ICO’s that aren’t finished with what they are stating that they are trying to do because they are only relying on wishful thinking. Most people that make these ICO’s now days like to state that they are working on this or that though they hire some cheap programmer to do all their dirty work once they receive the money from the ICO’s or the previous ICO’s that they’ve made.Mostly there is a plan to create and publish an idea of a product. So i mean, there is no finished product needed to start a funding. But this project is sure not possible to finish without funding - or it will take a few years. So the ICO is needed for finishing the project in that way it needs to be. That's the problem :D Title: Re: What does it need to start an ICO? Post by: Jeger.Kiting on July 16, 2017, 05:30:31 AM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) Title: Re: What does it need to start an ICO? Post by: cengsuwuei on July 16, 2017, 05:47:31 AM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) 1 you must create good announcement thread, with picture, dev team, plan project and roadmap 2 after good announcement thread is ready , you can promotion use bounty campaign, signature campaign, social media campaign and more is good use manager campaign in trusted and use escrow, escrow can use tokenmarket service or use escrow trusted in member bitcointalk list Title: Re: What does it need to start an ICO? Post by: SenSeiSoKo on July 16, 2017, 06:28:40 AM site xD Sad but true... good one except
Title: Re: What does it need to start an ICO? Post by: yusuf98 on July 16, 2017, 08:41:04 AM I think the most important things is that have a special idea So it may come the problem of certain problems facing efforts to advance, and must be more careful in making a good ideasome ways to made the world beautiful or change the life ! Title: Re: What does it need to start an ICO? Post by: danherbias07 on July 16, 2017, 08:49:29 AM For me, it is by good feature to make your token more inviting.
What it will do good for crypto world? How long will it take? Applications that will come in handy and be used to make the token more valuable in the future. Lastly, you should be ready for a lost here. This is a big risk that you will be taking. Title: Re: What does it need to start an ICO? Post by: lockept93 on July 16, 2017, 09:37:12 PM I devinitly need someone who help me organizing this. :)
Title: Re: What does it need to start an ICO? Post by: Kinghendogg on July 16, 2017, 11:34:29 PM Can anyone just tell the guy what he wants to know , what is the next step when u have a idea for a ICO some say funding ok Where ? Some say a team ok how ? I think this is all he wants to know , not how it's a good or bad idea ! If I knew I would tell you bro . Just keep asking someone with common sense will eventually answer you
Title: Re: What does it need to start an ICO? Post by: lockept93 on July 16, 2017, 11:46:38 PM Can anyone just tell the guy what he wants to know , what is the next step when u have a idea for a ICO some say funding ok Where ? Some say a team ok how ? I think this is all he wants to know , not how it's a good or bad idea ! If I knew I would tell you bro . Just keep asking someone with common sense will eventually answer you ;D Title: Re: What does it need to start an ICO? Post by: ChinkyEyes on July 16, 2017, 11:50:45 PM All you need is basic knowledge of starting a token and a great marketing team who can sell your idea.
Invest in website design and display advertising. Title: Re: What does it need to start an ICO? Post by: BigBall on July 16, 2017, 11:55:04 PM I even dont know what is ICO ,can you explain me I know that is is connected somehow with cryptocurrencies and what is crowdfunding?
Title: Re: What does it need to start an ICO? Post by: camelson on July 17, 2017, 11:20:40 AM Hey, after everything i saw i know it's much work to start an ICO for a idea - but at least it looks better for me than a simple crowdfounding. So if the concept is ready, what steps and points does it need to open an ICO? Post your thoughts! :) Most important thing in starting an ICO is the innovative idea with some thorough market research. Precisely defined goals and objectives. Along with this One need a competitive and experience team and good team work along with the people who are willing to invest in your project. And also a good marketing manager. Title: Re: What does it need to start an ICO? Post by: nappoleon on July 18, 2017, 07:19:22 AM I said working not finished. That means it's better to begin with at least an alpha code to demonstrate the workability of the project. Ah ok, i understand what you mean. Sure there should be work on it. And my project is already in work. But it's not possible to create it in that way it's needed to be succesfull. With more men power it would be possible to do it in the right way. Imo, there's no need for an ICO when you're just going to publish a whitepaper. Just get it together and publish it, when you already have a team then maybe you can get a test net up and running. But this project needs much more working power to realize it. I plan a funding and using an escow to pay the workers. With stady updates and process proofs. But atm im not really sure how to raise up a funding. This is why i open this thread. Maybe there some people out there who want to join the team. Do you have a github repo of the project? No - too early stage atm. I said working starts, but this hole project is just at the beginning. The concept is ready. Now im looking for people want get in to realize and gather some informations here. (sry im no coder and i have no knowlage about all these github and coding things) If you compare with a computer game for example - atm the first trees on a landscape are in progress :D how about 'build it first and they will come, rather than fund it first and build it later'. Title: Re: What does it need to start an ICO? Post by: PeterSmyth on July 18, 2017, 07:47:53 AM It's a good point. An ICO for a working product with no viable reason for needing funding is usually a bad sign....
Title: Re: What does it need to start an ICO? Post by: Kiwilanta on July 18, 2017, 07:56:52 AM I Think First You Should Make A Solid Team That Will And WORK TO WORK.
Karen sebuh a project will NOT be successful Only WITH the concept OR a good idea and money Abundant. MAKING a team like this is a very difficult thing. Title: Re: What does it need to start an ICO? Post by: BenR on July 18, 2017, 09:28:00 AM There's a difference between what you need and what you should have.
There are some ICOs out there that raised millions with barely an idea and not many details. At the least you should have a viable idea with a team that has a proven track record. And, of course, you need the technical knowhow to mint the actual coin - either your own blockchain (hard) or using a platform like Ethereum or Waves. Title: Re: What does it need to start an ICO? Post by: andreykh on July 18, 2017, 11:32:09 AM What about support and when you need it most? I am about to begin preparation for an ICO, so is it a good idea to start with hiring one support specialist and then gradually expand the support team? Or, are there going to be some high load on support already starting from the first days, so I had better involve multiple human resources to handle support from the very beginning?
Title: Re: What does it need to start an ICO? Post by: Zadicar on July 18, 2017, 11:40:27 AM I Think First You Should Make A Solid Team That Will And WORK TO WORK. You would really need to seek or build a team which do have their own roles into the project because you cant really do a project on your own alone and you do really need other people on a certain area of expertise. ICO or in short crowdfunding is on where you do seek for potential investors on your projected plans thats is why it should really be appealing to the public so that it would really caught their interest and which would really make a successful ICO.Karen sebuh a project will NOT be successful Only WITH the concept OR a good idea and money Abundant. MAKING a team like this is a very difficult thing. Title: Re: What does it need to start an ICO? Post by: Alternative on July 18, 2017, 11:46:15 AM I think that as long as you have a true project, really interesting, there is no mandatory steps. Anything else is just marketing, and just helps increasing the visibility of the project. Even if you do not have a platform to invest you can use sites such as Bittrex.
Title: Re: What does it need to start an ICO? Post by: juicejoyce on July 18, 2017, 12:02:05 PM There are many things you should account for in starting an ICO (this is what I think) a good idea, dedication to pursue your dream whatever happens in your life, a great website, good team, hardworking marketing team; they are the Backbone of money flow in an ICO, escrow are a must so that the owner doesn't run away with the funds. I am open to other ideas, as I also have no experience in hosting ICO. I agree with you. And I think there should be some previous work that you have done. A new idea without any experience is a little dangerous to start a ICO. Title: Re: What does it need to start an ICO? Post by: MostHigh on July 18, 2017, 12:42:42 PM Dedicate a lot of time to developing an enticing ideal and get a good team that understands your idea and develop a white paper. You will need to develop a token when its an ICO but if its crowd funding make sure your product is ready for distribution by the end of the funding. Another thing you might need is a website.
Title: Re: What does it need to start an ICO? Post by: marknowen on July 18, 2017, 02:22:35 PM TECHNICALLY it's a five minute job... you copy and paste an existing smart contract, and poooof, you have your own token!
Title: Re: What does it need to start an ICO? Post by: BenR on July 30, 2017, 05:19:21 AM What about support and when you need it most? I am about to begin preparation for an ICO, so is it a good idea to start with hiring one support specialist and then gradually expand the support team? Or, are there going to be some high load on support already starting from the first days, so I had better involve multiple human resources to handle support from the very beginning? You won't need any support until people hear about you. First get your ideas, then compile a team of people who have the technical skills. Write up your concert and detailed whitepaper while the tech guys build the infrastructure. When you're ready, you can get people for community support. Title: Re: What does it need to start an ICO? Post by: andreykh on July 30, 2017, 04:15:49 PM You won't need any support until people hear about you. First get your ideas, then compile a team of people who have the technical skills. Write up your concert and detailed whitepaper while the tech guys build the infrastructure. When you're ready, you can get people for community support. Yeah, but what I'm asking is... Imagine the first day when I am announcing everything, talking to media, getting some first ads, etc., so I'm already getting people hear about me. My question is - do usually people start asking questions in an active manner from the very first day, which means I need multiple support/community guys from the very beginning, or is there some lag before the support team high load begins, i.e. people are researching, thinking, and only after that start asking questions, in like 2 weeks? |