Is it normal to build a crypto currency without ICO

[leea-1334]

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.

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.

[CryptoRama]

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...

[Adil Amim]

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.

[Melfoy72]

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.

[Veterock]

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

[slapper]

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

[bitor]

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

[atliens99]

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.

[SirgulioB]

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

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

[lutcor]

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.

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.

[superloy]

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.

[sultanali]

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.

[paulmusa25]

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.

[orkoso]

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.

[Bitcoininspace]

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.

[Xiomara]

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

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!!

[kandholabhavna]

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

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. 

[99th]

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

 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.

[Dart18]

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.

[Asoss.io]

Thanks everyone for the reply