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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MMDDG on February 27, 2018, 10:07:53 PM



Title: My friend thinks raising $150,000 in 14 days is impossible
Post by: MMDDG on February 27, 2018, 10:07:53 PM
I told him I saw an ICO where $60 Million was raised in less than 2 minutes. Unfortunately he's using kickstarter as a fundraiser instead of an ICO.

Anyone suggestions on how to get crypto results from a product based fundraise?

 


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: avikz on February 27, 2018, 10:22:54 PM
I won't particularly suggest to start an ICO to raise funds because an ICO requires a lot of comply. Also there are a lot of countries who don't support ICO. But if you and your friend already staying in an ICO heaven, then your suggestion makes sense. But why your friend is looking to raise funds? Does he have a product which he needs to float in the market? Or does he have an idea which he wants to convert in to a successful business?

In either case, ICO is a more complex way to raise funds. It comes with a lot of regulatory compliances and potential threat of money laundering. So it is better to approach vc investors with a proper project plan and try your luck. If he already owns a product, it would be the preferred route to take instead of floating an ICO.



Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: GERMO COIN on February 27, 2018, 10:28:59 PM
it is not impossible, as long as the issued capital is also large and appropriate to get that big profit.


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: Endikadija on February 27, 2018, 11:36:10 PM
I told him I saw an ICO where $60 Million was raised in less than 2 minutes. Unfortunately he's using kickstarter as a fundraiser instead of an ICO.

Anyone suggestions on how to get crypto results from a product based fundraise?

 
The only possible thing to use their crypto to do a fundraiser. The result will be based on the how many people are using it in the future and the demand of the crypto of the fundraiser platform itself.
There is a project that was working on it just like kick ico but it seems there is no a lot of people are using 3rd party platform. They are all still investing in the ico directly.


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: kingcrypto-the2nd on February 28, 2018, 06:40:53 PM
with I.c.o  everything is possible.


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: BitcoinTurk on February 28, 2018, 06:46:48 PM
It is possible to earn or lose millions of dollars after ICO has become the subject. Besides, everything is possible because it is not clear what will happen in the crypto money market. If I had invested $ 100 when I first learned Bitcoin, I would be a millionaire. :)


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: longwintershere on February 28, 2018, 06:50:10 PM
I told him I saw an ICO where $60 Million was raised in less than 2 minutes. Unfortunately he's using kickstarter as a fundraiser instead of an ICO.

Anyone suggestions on how to get crypto results from a product based fundraise?

 

of course it is possible and very easily. Harder part are consequences that might come later if you didn't comply. May I know which ico raised 60m in 2 minutes? That doesn't sound right


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: qtronix on February 28, 2018, 06:53:15 PM
I told him I saw an ICO where $60 Million was raised in less than 2 minutes. Unfortunately he's using kickstarter as a fundraiser instead of an ICO.

Anyone suggestions on how to get crypto results from a product based fundraise?

 
I have also seen many similar examples of how huge sums of several million dollars were collected in a few minutes. It's ICO friends. But how to do it, I don't know. It is possible to use the search for major investors at conferences.


Title: Re: My friend thinks raising $150,000 in 14 days is impossible
Post by: matsusomoto on February 28, 2018, 06:58:49 PM
Anything is possible ,especially when you are doing marginal trading i know some people who can ahve x100 within 30minutes in marginal trading,but its a super risky thing to do when you dont know to trade with technical analysis,my friend got 33 bitcoins from 1 bitcoin with just 3hours,you can easily do it using bitmex which offers maginal trading.