What is an ico, why we choose ico

[Smpdytz1]

In definition ico is initial coin offering.it means that a projects sale their own coins as tokens before launch to market or exchanger for lower price, to fund raise

The payments methods for buy icos sholud be cryptocurrencies like btc,eth,neo,waves etc

why we should invest in ico

Because if ico project success the price of the coin will be increase rapidly sometimes it sholud be ×10,×20,×100 or moren than in ico price if you buy ico in crowdsale for very lower price. You can sell them via exchanger after the increase of coin price and make hugh profit.

what do you want to buy ico

1 Btc or eth in your wallet
2 etherum wallet that provide you private key like Myether wallet ( most of icos are etherum based)
3 If ico is not eth based a recommend wallet for based necessary cryptocurrency like neo wallets, waves wallets

(For safe recommend way to log your wallet like hardware wallets or using metamask)

HOW TO FIND A GOOD ICO TO INVEST

1 Find out the basic concept and is it achieveble or not
2 Read the whitepaper
3 Try to do your own resarch
4 Find about CEO, COO, project team and marketing team
5 Read articles about the projects, project website and twitter,facebook,reddit,youtube
Specially follow the ico recommend videos on youtube
6 Ask from cryptocurrency experts

DON'T CONSIDER THIS POINTS WHEN YOU CHOOSE ICO

1 Attractive website
2 Trend
3 Unrealistic unachievable application
4 Hurry and any ico without any study

WHAT IS THE WHITEPAPER
     Whitepaper is the technical paper it related every details about the project

KYC SUBMISSION
    Kyc definition is know your customer. Kyc means that the project team want to know some details about their customers.
Customer name,country,id etc

BECOME A WHILTELIST FOR ICO
      In some icos you need to become white for before participate the ico. It means you need to register for the project before buy ico tokens

[mrox2011]

Appreciate your work for explaining about ICO, 
i have a question about give away tokens during the ico. is that Tokens become Coins? after the ico or
token value   equal to the coin price after the ico? 


 

[Thirio]

Appreciate your work for explaining about ICO, 
i have a question about give away tokens during the ico. is that Tokens become Coins? after the ico or
token value   equal to the coin price after the ico? 


 

I didn't quite understand your question well. Are you saying that the values of the coin before and after the ico would be equal?

From what i know(still a newbie despite the member rank), initial values of coins are 0, its value would increase depending on the sales of the token. The higher the demand, the more value it'll get.

[Smpdytz1]

Appreciate your work for explaining about ICO, 
i have a question about give away tokens during the ico. is that Tokens become Coins? after the ico or
token value   equal to the coin price after the ico? 

The ico tokens become coins after they launch their icos to the market then after you can sell by using and exchanger

And the price can not exatly predit it decide with the demanda and supply of the market is it a hyped one ot launched for high price. Sometimes it is lower than ico price, but mos of times it higher than ico prices

 
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[amzad]

ICO is a hot new thing in the block community, I said. They are an alternative to crowdfunding, and there are chances of converting the company's way of capitalizing themselves. They are suspicious legal situations
For example, I have appointed my colleague Robert Heette to have an IOC and why investors should monitor the crypto-spain.

[geethnew]

Great article. Nice to see  these type of articles from a sri lankan here. Weldone bro. Keep it up. Added merit 

[iwill100]

very good article for beginners and learners. keep up the good work mate. and try to add a smooth flow for your article so that reader can join part by part for a summarized note for their own studies.

[mrox2011]

The ico tokens become coins after they launch their icos to the market then after you can sell by using and exchanger

And the price can not exatly predit it decide with the demanda and supply of the market is it a hyped one ot launched for high price. Sometimes it is lower than ico price, but mos of times it higher than ico prices

 

Thanks for that answer dude 
keep writing. cheers!

[XtianOsix]

I’m a newbie here and this thread helps me a lot. It answers most of my questions as myself being new in cryptocurrency. Way to go.

[princ.imran]

Have a nice post.

I think It will be better to add these points here:
Why we should invest in ico:
If you think you will get hug of profits, than you think investing in ICO! It's not right because It's just thinking about your own profit. If you think you help success this project then you will get hug of profits, your team will be profitable, and there will be some development in your country.