Bitcoin Forum
May 26, 2024, 02:48:04 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: To Ico or not ICo  (Read 142 times)
fergany (OP)
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
May 13, 2018, 09:13:03 PM
 #1

hello,

we are working on a project for awhile and now we have an alpha, our project is decentralizing market with 650B$ market size,

now we are facing a hard decision

1- start ICO and sell Coins for fast development and secure partnerships. but we afraid our investors may lose money if we didn't succeed in the market

2- bootstrapping like what we are doing now. and made a community coin and take a percentage then sell it on exchange when we need money.

what do you think?

thank in advance
Slava79
Member
**
Offline Offline

Activity: 182
Merit: 17

¯\_(ツ)_/¯


View Profile
May 13, 2018, 09:35:14 PM
 #2

Successfull ICO would provide you with possibility of working full time on the project and hire a team. This would increase chances that your investors actually don't lose money.

From the other side, ICO requires some quite expensive marketing. An ideal solution would be to get some pre seed and leverage it for marketing your ICO, probably.

Building a JavaScript Smart Contracts Engine
Github | Site | Chat
BTCW
Copper Member
Full Member
***
Offline Offline

Activity: 193
Merit: 235

Click "+Merit" top-right corner


View Profile
May 13, 2018, 09:38:12 PM
 #3

We are facing a similar situation with our project right now. Wish we knew the right answer too.

Bookmarking this thread, because we'd love to know what you eventually decide and why. Stronger together, right?

SendBTC.me <<< amazing imitative
Mahanton
Hero Member
*****
Offline Offline

Activity: 2716
Merit: 632



View Profile
May 13, 2018, 10:10:43 PM
 #4

hello,

we are working on a project for awhile and now we have an alpha, our project is decentralizing market with 650B$ market size,

now we are facing a hard decision

1- start ICO and sell Coins for fast development and secure partnerships. but we afraid our investors may lose money if we didn't succeed in the market

2- bootstrapping like what we are doing now. and made a community coin and take a percentage then sell it on exchange when we need money.

what do you think?

thank in advance
Investors wont lose up money if you do just sell tokens which are really tend for the further development on such project. Investors nowadays are smart enough to detect if theres a big allocation into the dev team itself which on this thing only you wont really get any support because investors do see that this coin can be easily dump. Just do the basic on what most project do now, putting up small allocation or percentage on overall token supply for the development then just let it be, if your project is somehow unique you would really get the support no matter what.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
without
Jr. Member
*
Offline Offline

Activity: 54
Merit: 1

Crypto Enthusiast and Software Developer


View Profile
May 14, 2018, 01:06:58 AM
 #5

Hi, PM me with some more details, maybe I can give you some good advice.

Regards,
Daniel
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!