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Me and my team building a new Altcoin. The first Egyptian altcoin. So we didn't want to start it with an ICO. Is it normal to start a coin without an ico and if yes what is the effect of that

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If not, how are you going to allocate tokens?
Average allocation to community members? Or allocate it to an airdrop? :P

Sure,but how you gonna sell your tokens without ICO,no one will buy it when you directly listed it into exchanges.So you need to do ICO if you want to bring investors to your coins or your coins will become worthless without any demand.

An ICO supports the development of your coin. If you have enough to support your developers (salaries, rent, coffee, ...etc.) then you have a choice of ICO and Airdrop. Keep in mind that your coin must have new features that attract investors. ICOs usually need to provide enough evidence that you will be standing by your coin. Get to speak with some investors to support your coin and when you announce your coin, make sure the mention the investors names because this will attract more smaller investors.

If you don't need investors support, you can go with an AirDrop, but your coin must be highly lucrative (future development, features and distinguished characteristics) to attract the public into joining your airdrop. If you want to create a coin for the fun of it, do it. But, keep in mind that there are many meme coins that are floating dead.

Yes, it is possible to do so. If you won't organize an ico then you will airdrop the token to the community mind you you will have to develop it urself.

This is a normal phenomenon.
There are a lot of tokens that didn't start at the beginning of the ICO, because there might be a legal problem, so they gei the tokens to the community, and you can find a lot of examples of airdrops in Bitcointalk forum.

Its normal , many cryptocurrencies not launch a ICO , but they launch a airdrop like DeepOnion , PosToken (Correct me if i wrong) . But you need some backup fund or solid community. Good luck then and sorry for my bad english.

From what i can see, seems like an ICO is a great way to get investment as you offer a "piece" of your coin to all who are interested in buying in, if the price goes up on the exchange then everyone's a winner.

That said there are still others who offer coins/tokens out to the community

Either or doing both are good options IMO

It‘s not the common situation, as most projects make ICOs to get money fast, for development, for getting rich, for whatever reasons. You have to consider that you then have to pay the development at least partly out of your own pockets until your coins will have a value. But there are some projects which sre working with airdrops. One of the most famous is XEM (NEM), another one would be DeepOnion.

You can airdrop coins to people and use some of them for bounty campaigns as well, if you don't need money I think it can be done without ico.

This is completely possible. But it will not make the money grow as well as very few people know it. So every dollar is needed by ICOs, it helps them develop healthy money, and has the potential for long-term future.

No problem, i joined many successful coin and tokens project which not initiate an ICO. They did some airdrop events. Such as Rebellious, BLUE, ELTCOIN, and EQUAL

actually an ICO is not required unless you need fund for the project

As i see all the reply are the same. That's means that all of you talking right.
I have a capital for the dev team and the marketing team etc.. but i want to know how to preform a good air drop

Are you developing a blockchain or just a token under eth blockchain?

I believe there is no one funding bitcoin when satoshi is developing it. But he can code and he is very good at it. So if you can do it as well, I think it will be fine.

Most run ICOs because they want to fund a project and they use token to give as shares to the company.

To run coins into circulation, you need to sell them or give away. What other options can there be? If there is no ICO, then airdrop. For me, a good airdrop has several waves. People will advertise the project for a long time, it will be known to many.

Most likely the answer is NO because how will you convince the investors and the participants to join your new coin investment if you will not use the ICO format? You can't just tell them to come here and invest to your new Egyptian coin without a convincing programs, whitepaper and platform in which all of these are part of  ICO to raise funds to support the new coin but if you and your friends are all millionaires then maybe you can start your own coin because you have enough money to raise funds at your disposal.

How to preform a good airdrop ?

of course you can, however how do you allocate the coins? through airdrop? the question, is there something backing up your coin?

Of course , it is possible . But why you considering this option ? ICO is a good opportunity to collect funds for a further development and spead tokens in masses , which is needed to popularize your project and make it more valuable.

Emmm anyway at first i will asking you is the capital you should prepare to build this new altcoin. Are you have any resources and funding? . If you don't wanna start an ico how could you promote your coin? Are you sure could convince people with your alt?

There is no such term as normal in launching a new coin. It's totally your decision what kind of building process of a coin to choose and all of them would be normal.
If you have enough funds for your coin development, for adding it on exchanges, for marketing, advertising and so on (probably significant amounts), if your coin have significant advantages over competitors and have a growing community already, you probably don't need any ICO.
But if you have only idea or some basic functionality, ICO can become a great tool to get a huge leap on the start of your coin's life. ICO is a great combination of funds rasing, marketing, advertising and a way of community engaging at the same time.
The more interesting is that even for the already popular coins ICO can give all the same profits as for the new ones but in a times higher values and in a very short period of time. What is have to be done for years to develop a coin in a usual way, ICO can help to do in a few month. If summarize I'd say that ICO is not a "must" but rather "definitely should consider about" feature for building a new coin.

I don't remember hearing bitcoin having an ICO so it is possible. Though remember in bitcoin's case there were no cryptos back then. If you have the funds then you might manage to distribute it for free but it's preferable that you have investors so you are not taking all the risk by yourself. Aside from having a fund, people tend to value what they spent resource on so free is not always a good option.

What project would this token be related to?

ICO support the development of coins.ICO is very good for fund raising,marketing,advertising and way of community engagement at the same time.

It IS normal to start up an altcoin without ICO. There were plenty of examples for you to see how many coins become a success, without ICO of course.

Yes it is possible as long as you're building a project that is unique or innovative one that can be helpful to the crypto world but you should have enough money to privately fund your company. And if you have good developers, designers and marketing manager on board that's not a problem. You can give away your tokens in the form of airdrops so that it can be circulated on the exchanger and also offer bounties.

Hey, so this is purely my own opinion, everyone else please don't get mad about it (a lot of people around here are investing in ICOs these days)!

So.. to answer your question shortly, yes. It's very normal, and in my opinion, it is the best thing you can do. Why?

I have all respect for LEGIT and LEGAL ICOs, but it honestly sounds like the second version of Pre-Mined cryptocurrencies. I do not even consider ICOs cryptocurrencies, because... well, most of them are non-minable, and as soon as one entity sells something to you, to me it looks like a bank money printing operation. I am not very sure how long these ICOs will remain around, considering the fact that many of them are illegally earning a LOT of money.

Pre-mined coins were currencies released with a .. say 50% total supply already mined by the developer before releasing it to the public. They were usually hiding this so that we could buy their coin, get the price up and then they would earn a fortune off it. This worked until people found out how they scammed us, but now we have ICOs. ICOs are pre-mined tokens that are then sold to the public. It's basically the pre-mine scam disguised.

Why would ICOs NOT survive? First of all, ask yourself how will we ever get to use SO MANY cryptocurrencies. We have tokens for restaurants, tokens for logistics, tokens for shopping, tokens for exchanges, tokens for... BANANAS (I'm not sure if that one was real or just a troll, but still), can you imagine a scenario in which you'd have to pay 1FOOD (FoodCoin) to buy a burger, one hour later a package will arrive and you'd have to pay 1UPS (UPSCoin) and so on? I can't. Only one currency will be used the most, like Bitcoin was until a few years ago. Then we have the illegal fundings, devs earn millions overnight. I can create my own ICO and sell it, take the money and go away.

I would advise you to let it free to the public. To let the people using your coin mine it, and do whatever they want. Don't follow this nonsense stuff. Again, just my personal opinion.

You guys wouldn't be the only ones. Polymath did a private sale and then skipped the ICO for an airdrop. Gained them lots of exposure. https://polymath.network/

You guys wouldn't be the only ones. Polymath did a private sale and then skipped the ICO for an airdrop. Gained them lots of exposure. https://polymath.network/

perhaps social media is a big help i think such as twitter and facebook or telegram instead.  But need thousands followers cuase followers is the must when it comes to Selling tokens and must have a good testimonials and trusted dev to convince more client to contribute in your project.  

Yes, it is, that will give you a lot of attention from the investors after you have done with your project without any interest to raise a lot of money. You can see byteball, raiblock project. Both weren't doing any ico.
And the developer is only focusing on developing the future platform but I byteball can become an excellent example.
But I heard egyptian is banning crypto and what's your thought about that?

It's totally possible not to have an ICO. I think the main reason to have one would be so that the coin owner can raise money to develop the coin further. It provides a much needed capital boost to new coins.

Yes it's banned here in Egypt but we are getting in touch with the goverment to settle it down
We are working on our marketing team right now. The dev. Team has started coding V3 blockchain and we will swap the coin after finishing it  Thanks for this usefull info. Respectful opinion . We are working for sponsor for the right time We are building it under Ecr20 Contract and after finishing the private blockchain we will swap

It doesn't sound like a good argument to me. People made coins before icos appeared and they didn't have problems with making them listed on the exchanges and other things. Moreover, as a lot of people don't trust icos, I think it could be very good if this altcoin had it emphasized that it won't be an ICO.
I guess people release coins with ico to gather money on crowdfunding this way. If there are sufficient funds then there's no need in that.
Airdrop might be a good idea to draw attention to the project, but it's not like it's a necessary one. I think dealing with exchanges and making the coin appear in various news would be enough.
Assoss.io, will the coin be premined anyway? If not then it should also be emphasized, since it is considered to mean the coin can be trusted as well.

ICO is a way to gather early investor especially when there are a lot of ICO occur from time to time.
As for now crypto competition is getting difficult so for who create new ICO must be more creative and unique

So ICO must be exist for every new project !

I can't start ICO "Crowdsale-Presale" As being a Egyptian citizen there is some chains upon me because the goverment is banning all the cryptocurrency so i cant hold any one fund or money  i want to achieve my goal with all of my investment so i will hid to airdrop i dont want to be listed as scam coin... our project have a higher target

Nice promotion. Starting a coin without an ICO is like trying to run with one leg and a stone on your head. ICOs will not only provide funding, but will also, if properly done, create a community around the coin giving the adoption.

A lot of icos are just scams for money.  It's more respectable to start a coin through an airdrop or some other type of fair distribution model.

airdrops create better and stronger community , look at ebitcoin and rebellious. They were both airdropped fairly and are only at the starting stages still.

I think ico is the way to allocate coin, if there is not ico then how investors buy coins, the investors will not buy in exchange because they don't know what will happen maybe the price will develop or even drop, from the data an ico we can guess the future coin so ico is needed here

Why not let the community mine the cryptocurrency? I think it's better than having airdrops or ICOs.

Airdrop = money out of nowhere. How fair is that compared to the coins available for mining? After all, I think "cryptocurrency" is what Satoshi said Bitcoin should be. Out of his own description, I think the most important things are anonymity, decentralization and fairness. Decentralized =/= printing paper money or selling tokens through ICOs. With Bitcoin and the mineable altcoins, you can solo mine and stay anonymous in the network. Also, when using cryptocurrencies like Ripple, you're not anonymous at all. They do have evidence, they do have a database. Airdropping a cryptocurrency may be good for the short term thinkers, but not for the long term ones.

Once again, like I said in an earlier post in this thread, this is just my opinion.


Have you heard of Bitcoin?

Dude u earned my respect

some of the popular ways used by teams or developers to release their coins are as follows
1. XRB (Raiblocks), they are sharing XRB Coins for everyone who can complete captcha, with a large community. now XRB able to penetrate 50 top coin in coinmarketcap

2. POS (POSToken), one of the most popular popular way is airdrop, where the allocation for airdrop is so great that the crypto community will be established. With the support of teams and developers who are reliable, very easy POS Token to be a very valuable coin because it has a usability as a producer of passive income

3. BCH (Bitcoincash), hardfork is the dream of crypto community, everyone competes to buy hardfork coins to get free coins

it's difficult but not impossible. do you have backgroud as entrepreneur ? if no how people trust you? trust issue maybe the most important to connetion investor and communinty for build company...

Thank you. And thank you for asking the community for their opinion.

What I'd be careful with is the people here posting either to earn some $$ from SigCampaigns or people "supporting" projects such as ICOs just because they know short term investment in them = profit.

I support currencies that are minable and decentralized, such as Bitcoin, Litecoin, DigiByte. True investors don't care about price: I don't. Unfortunately, a large part of the crypto community is here just for money. And that's why only the legit projects will thrive when all the other coins will shatter (I'm talking about premined and/or centralized coins). Now it depends on you whether you're looking for a large number of people that would insult you and your project as soon as "the price doesn't move" or a smaller, but loyal number of people that will keep up with everything that is part of your project.

Best of luck with your project! I will save your profile for later, I'm curious to see what ideas you're going to come up with!

If I am not mistaken Ethereum and bitcoin were launched without ICO , or at least one of them, the results you can see yourself :)

You can do this, but will such a project become long-term and profitable?

I think it's normal even if there is no ICO, if the fund already exists,
because ICO it is a fundraiser of a project.

Yes it is possible. Take a look at Blue project, there was no ICO, but the project development is coming out fine. One can develop their project without ICO.  ICOs are needed when you don't have developers and you have to employ people who code to do the work for you. Then such projects needs ICO to help finance the development.

Yes, it's perfectly normal. Many tokens don't have an ICO, but they can distribute tokens in a number of ways, like airdrops.
But the airdrop fees needed are high and not worth it.

Of course this is normal, if you have your money and they are enough for you to develop and implement your idea, then why not, then you do not need to conduct an ICO, but the point is that people conduct an ICO in order to simply Collect money to realize your idea, because they do not have their own or they do not have enough

  What matters is a projects usecase. Most of this airdrops these days are Scams as well. Most projects go dead once they hit an exchange. Most times the Devs sell out and abandon the project. What should matter is how well the Dev is prepared to push the project up. And also what the project is trying to solve in the real world. Good usecase drives demand and demand keeps a project alive.

The whole essence of alternative coin is building coin that I'd different from bitcoin in to  another use.  ICO recently has become  fad! Cryptocurrency especially Altcoin are supposed to be coin in quest for something.  e. g Payment,  payment platform, allied services etc.

I've seen some coins that didn't have an ICO or ITO, some are mineable and some are not. If you have the resources to have for funding your own project; you may survive the world of digital cash, if it's mineable. As for the effects of not having an ICO; I'm not pretty sure about it, how are you going to distribute you coin?, is it mineable or not?

Anyways, for you to have some specific detail on how you can manage your own altcoin, you might want to consider the Dogezer team:
their site: https://dogezer.com/ (https://dogezer.com/)
their announcement thread: https://bitcointalk.org/index.php?topic=2100916.0 (https://bitcointalk.org/index.php?topic=2100916.0)

but why not, you can. but only whether there will be a sense in this. how will you attract investors. This is a fairly convenient and fast way

I think an ICO is a must for launching any new coins. If you launch a coin without an ICO I don't think there will be much people who would like to consider buying your coin at all. Where as, after an ICO your coin's demand might rise. So I don't think it is a good idea, and you should conduct an ICO, or else your coin might die and your money would be wasted.

cryptocurrency directly launching in exchanger need lot of capital then they can launch whereas ico give a lot of attention to the public in the form of advertising

You are the reason for this crazy ICO trend. Plenty of new coins launched in the past without ICOs, I own several now, Bitcoin is the most notable. Even Byteball is something I am very proud of, yes it was an airdropped coin (on Bitcoin balances) but its development is superior to so many ICO coins. Or look at Litecoin, or even more recently raiblocks (now Nano). Wonderful projects, wonderful communities. And they are doing so well in price (not that it is a problem if they are not).

Usage, tech. Those are important. Not price.

Not many, perhaps only those who want to keep this in a certain group of people, or those who don't care about it or think maybe they don't need it, or is being a very sad scam...


it's still like with all of the other currencyes... but if it's meant to be used more by closed group, or limited, then they really don't care...

It is little difficult but not impossible to build cryptocurrency without ICO. There are many coin which have faced success without ICO. But an ICO helps the project to raise some capital for the better development of the project. And just because of ICO, maximum number of people get to know about the project.

Do you remember Bitcoin started with ICO or not? :)))
That is the answer!
ICO just helps you to get some money but if you have development team or enough money on it - why no?  Make you own currencies and convice exchanges to list it.

As i see now, this a new trend to make new altcoin without ICO. I think, it's more profitable for owners.

Crypto are normal coin. ICO is only for people who want to collect money to develop their project. There are not many ICO about creating a whole new cryptocurrency. ICO is for startup and companies which want to change the world with their whole new idea, project and inventions

It's normal only if you have some material things, which can be like proof of value for your altcoin, but it's easier to create ICO campaing and create your alt based on it

airdrops, bounties, or other fair distribution methods are much better way in my mind to build a strong crypto community instead of doing a shady ICO, where a lot of icos just run away  with the money.

Are you probably doing the airdrop? Otherwise, how do you plan to distribute your coin and increase the number of its holders?

I support your opinion. I also think that ICO is a mandatory procedure, because many people want to buy cheaper and sell at a higher price. This is the right of people. Therefore it is worthwhile to conduct ICO.

Yes, actually there are some successful coins today that are being straight to coinmarketcap.com without passing through ICOs.
Bitcoin and it's forks like Bitcoin Cash, Bitcoin Diamond, Bitcoin Gold, Segwit2x etc.
USDT Tether and more.
Popular coins don't need to conduct ICOs because they know that people would market their coins even it's already on the circulation market.
But still ICO is the best way to introduce and expose the coins into the market in order to circulate and not only ICO but also bounty campaigns and Airdrops.

Before many coins have come without an ICO and they are running successfully but ICO helps a coin to do a good marketing of their coin and also from ICO you can collect fund for the future developments of your project.

I thinks it's not normal for a new cryptocurrecy without initial coin offering. Because community has a very important role in coin. And a fund raising for you to cover the expenses on listing on exchanges and other expenses for a coin to be successful. Or you can create airdrop and bounty to spread the word of a new coin. This is only my opinion regarding on your question, hope I can help. :)

I would be suspicious if the coin was just given for free, but hey, Bitcoin had no ICO, just mining, so I guess it can be possible. Nowadays, I would rather have an ICO to fund the development of the coin in the future, as community lead projects are more difficult to evolve.

There are already more than 500 thousand coins in the world. Half of them are trash, so you need to have a great concept to create a coin without ico, otherwise it will be another scam.

If you already have a working network, wallets and other infrastructure that you can use without too much waiting, then you can do it without ico.
Bitcoin capitalization is directly proportional to the square of the number of active users. To become popular, you need to be in the hands of as many people as possible!!

Yes, there are a lot of currencies hhich do not do an ICO. You can opt for an airdrop. To make it happen, all you need to do is post a thread in the airdrop thread here, and ask people to fill a form with their ethereum address(presuming your token is erc20 compliant) here. You can set criteria, such as making compulsory for users to share their bitcojntalk and twitter handles in the form so that you know that distribution is fair and no one user gets the airdrop for more than ones. Rebellious did an awesome airdrop recently, maybe check their thread and twitter handle for more information. 

 I have seen it quite a bit on huge projects recently. The first that comes to mind is Polymath. They did a massive airdrop to 40,000 people and that launched them into the market quite amazingly. REBL also did an airdrop only launch and they are doing pretty decently too. Poly sells for $1 right now and only launched 5 days ago. Just some things to consider.

How about advertisement? Can you really do the job to make the coin known so that the project will bloom?
The ICO will help a lot and if you have the capital to pay your employees then you can use the money from the ICO for google advertisements and blogs and a lot of stuff just to let it be known.
Facebook is crossed out now for ICO advertising but there is still twitter if you want the social media to know about it.

Thanks everyone for the reply

This is quite possible, but very slow and inefficient. Good luck, maybe you will be the second Bitcoin :)

Thanks for your support

It is very possible if you dont want to have any investors that will fund your project?so skip ICO,and if you have enough money to fund the needs of your team,do not run an ICO.Most of the coins that didnt undergo ICOs are the coins which has forked from the solid coins like bitcoin,neo,etc because the popularity of their predecessor is enough to advetise the coin itself.

It is possible to create a blockchain without ICO by raising capital from Venture capitals and that blockchain can get attention of community by providing Airdrops

Recently Ontology did the same way and they are going forward.

Thanks for your support

I believe that this is possible. But in the modern world, this crypto currency must be unique in order to attract the attention of large investors.

Aegis Platform (www.aegissmartcontracts.com) will also be foregoing the ICO model.

It is perfectly normal. Look at the biggest coins and the ones with the best communities. They did not need ICOs. Take Bitcoin as your best example. Want alts that are strong? Litecoin, Monero, even Byteball proves you do not need ICOs, in fact they gave away their coins and they have some of the best developers and communities.

ICOs made everything not normal. Money for development is the easy path.

I have seen a few do it without an ICO.  Most notably Polymath - they gave away 10% for free.  Honestly this was a genius move.

There are many coins which is successful without doing ICO like Ucash (it was in top 25 CMC - highest price was 0.2$ with 8 billion market cap) it only has IBO. There are some crypto currency like REBL (Rebellious) or EQUAL, they have only airdrop and bounty without KYC. REBL gave away 4000 REBL/filled form on its airdrop which could be sold ~1200$ when it hit BIT-Z. Some airdrops need KYC like Polymath... highest price was ~400$ for 250 POLY, awesome! So if you are building a crypto currency without ICO, you need a strong community with strong supporters then you can call for investors/buyers when your coin hit exchanges.

yah" buddy" thats is okay..
You need directly in to the exchanges. But the only question is how do you introduce your tokens especially to thouse who intend to invest here if there is no ICO? Like others investors is to find a better platform for their investmen. May even be possible to introduce your tokens even in a small ways like airdrop to show your platform just for your tokens.