Bitcoin Forum

I heard that many companies started to use ICO not only for collecting funds, but also for a good PR campaing globally. Do you thinks it's reasonable or not?

Have I chosen the correct thread?

Can anyone reply, where to ask such questions? In which thread?

Sure, if you organise and use the proper media channels, investors will find their way to the offering.  But, it has to offer added value , bs only gets you so far.  Projects with real-world projects and not to much blabla get picked-up by bloggers and media quite fast.

Yes, you're absolutely right?

Yes it is true that many companies are using ICO as a PR because it is a easy way to make your project popular. In this time almost everyone uses social media apps this is why companies are using ICO as a good PR. But the most thing cool about this is that it also give opportunities for some people to earn from it.

It is very reasonable buddy. Conducting ICOs have been popular since last year and it continues to rise even though price fluctuations affect the performance. When you analyse many of the ICOs, some are already existing companies who wants to use the opportunity to raise funds as well as go global, so they develop the project and also spread news about them. Others who are not already existing companies also develop the project from the scratch and also go viral as well. One thing I have also realized is that, some years to come the world will be damn full of altscoins( virtually used for so many things online) and that will happen only if these ICIs become diligent with their roadmaps. I joined an ICO last year and after sales we all traded and thought the project was dead. Four months later they actually start the project and the price shot so high than we thought, and as at now people are still using their platform.