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Author Topic: I think that we should consider ICO as Start-up  (Read 277 times)
minhchien9abandat (OP)
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July 10, 2018, 06:32:09 PM
 #1

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?
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July 13, 2018, 12:46:51 PM
 #2

Absolutely right. ICO projects should be considered as Start UP projects and invest in such projects not for a week or a month, but for a much longer period. Invest in technology, not just to earn a couple hundred dollars.

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July 13, 2018, 01:00:58 PM
 #3

No, ICO is by no means equivalent to Start Up. For example, Spotcoin is launching and ICO but they have an already working business, UChain is the same case, a while ago Sether launched an ICO but had already a project and a team running.

ICO serves these purposes: a) Obtain financing b) Distribute a coin or a token c) Raise awareness / create a community


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July 17, 2018, 01:36:41 PM
 #4

I do believe that in the near future every business will have its own coin . in my opinion it is very cool when you print money ))))
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July 17, 2018, 01:38:46 PM
 #5

I consider ICO as a crodwfunding project using open innovations, and in some points we can say it is a start up project in many cases done by strong professional team and having enough money to run it, however a very risky one.
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July 17, 2018, 01:39:36 PM
 #6

ICO are actually similar to IPO in stocks.
It's generally the new companies or startups that comes with an IPO/ICO to have a funding to complete their development.
And sometimes even the established companies go through ICO/IPO to expand their service regions or sectors.



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July 17, 2018, 01:46:32 PM
 #7

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?

So it's the same thing. Only now the collection system has changed. Previously, developers with great difficulty found investors and encouraged them to invest in the project. Now the developers themselves choose those from whom they take the money, and some are forced to undergo different tests that take their money to someone's project Grin
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July 17, 2018, 01:49:33 PM
 #8

Of course it is a startup of a Project coming from its name ICO ( Initial Coin offering ) . But if you are interested to participate to ICO i recommend you Able the Project will provide an alternative to banks lending deposit spread structure and solve problems with cryptocurrency banking services they tend to solve this problems by applying decentralized blockchain technology that makes the system more secured than the traditional centralized banking system
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July 17, 2018, 02:27:58 PM
 #9

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?

we should not assume all ICO projects as startups because new projects, and projects that already operate can run ICO if they need funds from investors but I agree that ICO projects should adopt Blockchain technology because what they offer to ICO investors is Cryptocurrency

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July 17, 2018, 02:42:09 PM
 #10

I do not agree that ICO and startups are the same.Here are some differences:
- the time horizon of the return of investments from traditional venture funds, it's usually 7-10 years in the blockchain startup when ICO this interval is in the range of 1-5 years;
- the model of ownership – traditional venture investors are usually part of the company in the form of preferred shares, in the case of the blockchain, investors acquire functional tokens that are most often used in the service and their price is increasing with increasing popularity of the service. Tokens can easily be bought or sold on specialized exchanges.
- investment rounds - seed stage investment rounds A-F represent the traditional stages of funding startups. In the field of blockchain they look different: pre-main, the final design model of the project, ICO, listing on the stock exchanges, implementation of the model.
- the business model – traditional startups, tend to focus on the development of viable and relevant products or services for a traditional economy. blockchain projects redraws the traditional areas of business on a decentralized format, without borders and restrictions on the status and age of investors, geographic location of the players, they create their own ecosystems, which are closely integrated to the crypto currency industry.
 -legal form all the traditional start-UPS usually are one of several legally accepted forms of ownership in some jurisdictions. Blockchain startups almost always do not have the same organizational structure. They operate solely on trust resources of its users, creating protocols on top of existing blockchain systems.
- investors in the traditional economy startups can only invest in venture capital funds, major venture capitalists, family funds and large institutional players with the appropriate status. Crowdfunding is more sparing in this matter, however, there are restrictions on the transfer of funds between countries. In the case of ICO in the project can invest absolutely anyone without any restrictions.
- market approach – in the traditional sector the most popular innovative designs. And in the blockchain industry, those who most effectively uses the distributed registry for a revolution in traditional sphere.
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July 17, 2018, 02:45:31 PM
 #11

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


I agree with you if ICO is like start-up, other than that ICO in my opinion is like a fundraiser that returns our money with tokens / coins.
I think it's a very good fundraising system and it can make money lenders a fortune.
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July 17, 2018, 02:49:58 PM
 #12

I agree with topic starter ICO is more like startup, not IPO. IPO is usually a already working company that want some more money to increase existing business model.

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July 17, 2018, 03:08:35 PM
 #13

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


ICO and start up are very similar to each other. Both aim to collect money from investors to achieve the goals set in the project. They differ in the environment in which their activities take place.
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July 18, 2018, 10:46:33 AM
 #14

Absolutely right. ICO projects should be considered as Start UP projects and invest in such projects not for a week or a month, but for a much longer period. Invest in technology, not just to earn a couple hundred dollars.
I was thinking like that initially from the beginning that ICO is just a way to earn and make your dreams come true like the Kickstarter, the same technology

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July 18, 2018, 10:49:56 AM
 #15

In my opinion this is all the same, only slightly changed the funding system!
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July 18, 2018, 11:08:16 AM
 #16

Actually, ICOs and start-ups are very similar, they differ only in how they raise fund (token and stock). But it's not IPO. I think it's easier to raise fund by ICO than by start-ups.

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July 20, 2018, 09:24:48 PM
 #17

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


ICO and start up are very similar to each other. Both aim to collect money from investors to achieve the goals set in the project. They differ in the environment in which their activities take place.
Basically, the ICO and startup share the same meaning of calling for investment in new projects and bringing these projects closer to reality. Calling for investment in the form of ICO is receiving great support from the world investment community and there have been many successful ICO projects in recent times.

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July 20, 2018, 09:32:17 PM
 #18

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


Not All ICOs is start ups. ICO it is not the type of organisation of business. ICO it is the type of funding (Initial Coin Offering). Any company can try attract investments in this way. Not start ups only.

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July 20, 2018, 09:32:55 PM
Last edit: July 21, 2018, 03:43:45 PM by nelson4lov
 #19

Most ICOs are held by startups that are looking for funding to Kickstart their ideas. Basically, ICOs are for getting funding for a project so even established companies can consider hosting an ico to get more fund. But majority of the ICOs are held by startups. Just only few of them are made by companies. So yes, ICO might pass for a startup.

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July 20, 2018, 09:40:05 PM
 #20

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


It really depends, but mostly ICO are a way to raise capital for new projects so as it is a new project,it's a start up, but i have seen some few case where already existing projects are raising money to scale their project. So i won't call that one start up
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July 20, 2018, 10:05:26 PM
 #21

Yeah ICO has some similarities as start-ups but it creates more opportunities. I mean they are not exactly same because ICO has more functionalities and benefits.
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July 20, 2018, 10:51:52 PM
 #22

I am fully agree with you I do also believe that ICO is the start of learning more about the Crypto industry. but this is true that we should start with ICO a lot of study which is required for doing better in practical market.
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July 20, 2018, 11:02:12 PM
 #23

Not all ICOs are startups. Some already gave their products and establish, they might just feel like raising more fund for further growth and development. While some do not yet have working products.

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July 20, 2018, 11:28:59 PM
 #24

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


Ico's are considered as a startup company because they are starting a business which everyone are going to invest in order for them to be wealthy in the future and it was like a money laundering types of company.

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July 20, 2018, 11:32:06 PM
 #25

By all means, ICOs or initial coin offerings are start ups within the cryptocurrency space.That is the most common way to raise capita in the space, same way shares offer shares to the public, IPOs
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July 20, 2018, 11:43:35 PM
 #26

in fact it is like that ico is used to get funds from looking for investors who want to buy coins from a project. so if you want to participate in ico you should pay attention to what is in the project such as board team and what kind of project content so you can avoid the existing ico scam.

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July 21, 2018, 10:17:19 AM
 #27

For making progress in the field of crypto currency the ICOs should be used as the startup for cryptocurrency.
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July 21, 2018, 11:13:56 AM
 #28

I don't completely disagree with you, ICO can be consider ase start-up but if we think in systemic way ICO and start up is not the same thing there is some differences on there policy and work protocol but the they both collect money from the investors so that they can gain money, it's up to the investors choice
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July 21, 2018, 12:15:02 PM
 #29

In some cases it is so but not for all the start ups. Some ICO has been lauched basing on existing business plans which little bit advanced than start up. But I think in terms of growth, ICO and start up are almost same.
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July 21, 2018, 12:23:08 PM
 #30

I believe these altcoins  were once an ICO as a start up when undergoing a pre token sale and allocated bounties for the bounty hunters to do some advertisement using their avatar logo on their account so that it will be visible to the readers. Now, at to some point some altcoins became part of exchanges were investors are starting to make an investment and become a more successful coins in the market.
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July 21, 2018, 01:07:21 PM
 #31

Yes, in most cases ICO should be considered as Start-Up. But in some cases it doesnt' fit in the criteria of a Start-Up. In ICO, entrepreneurs just try to raise funding for their projects and let people perticipate in it. So, I think it is definitely similar to Start up.
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July 21, 2018, 05:24:04 PM
 #32

Yes ICO is more like a start-up than is like an IPO. Although it’s a very risky one, based on some crutial points we can certainly compare it with a start-up.
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July 21, 2018, 07:35:45 PM
 #33

ICO is very much alike of start-ups. They only differ in the way they follow to raise funds. Now-a-days raising fund is easier for ICO than a start-up itself.
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July 21, 2018, 07:39:45 PM
 #34

I think that having ICO as a start up is not a bad thing but if we consider the risk the  it is quite high compared to investing matured coins which is already exist in the market for a long time.
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July 21, 2018, 08:34:21 PM
 #35

Obliviously , because it work same as like bitcoin. Generally when one investor offer other investor for crypto currency in exchange of cryptocurrency. So I think we should consider it as a new start-up.
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July 21, 2018, 09:57:58 PM
 #36

I respect your opinion. But from my opinion i think both ICO and Startup goal is same. Maybe there system policy is different.
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July 22, 2018, 10:56:09 AM
 #37

Most ICOs are startups but not always. I think that the regulation sould concern more the information due to investors and the level of responsibility of the creators and promoters.
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July 22, 2018, 10:57:25 AM
 #38

I think these two aspect are quite similer although there have some specific difference but the aim of this two are same and that is the collection of money.
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July 22, 2018, 05:53:12 PM
 #39

Yeah I also think so. We should invest in these ICOs for a longer period of time like start-ups.
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July 22, 2018, 06:00:42 PM
 #40

If you ask me I’d in the near future almost every company will have their very own coin. It will be a very exciting time.
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July 22, 2018, 07:29:11 PM
 #41

Most ICOs are startups but not always. I think that the regulation sould concern more the information due to investors and the level of responsibility of the creators and promoters.

Yes, we need something like  regulators to certify or evaluate a startup. Many ICO now, mostly are anonymous and some has no clear direction just want to launch a cryptocurrency only and for trading purposes.We need more projects that comes with real products like in case for kickstarter site to raise funds for a certain product to launch.

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July 23, 2018, 04:30:04 PM
 #42

ICO is a popular system to fundraise for a project and later getting the fund back as coins and tokens, it can be considered as a startup as long as money keeps coming back. Opportunities like these should be utilized by all the lenders concerned.
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July 23, 2018, 04:33:48 PM
 #43

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


there are really so many similar icos. they even copy eachother and try to collect as much money as they can. and at the end they all fail because they dont have enough good vision and their aim is not the product but collecting money.
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July 23, 2018, 04:37:23 PM
 #44

Yes it think we really should consider ICO as a basic or start-up thing will understanding Cryptocurrency. Since Crypto is getting broad each day passed it is properly to think that a coin started in an ICO. So whether we like it or not we must start leaning ICO as start-up investment because in this way we could all learn each phases of coins that will broadly increase our knowledge.

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July 23, 2018, 04:39:34 PM
 #45

It's right. All the upcoming projects are very young and are under development. Most projects need investors, that is, in us, to improve their product. But it seems to me that many consider very promising projects, only to make money on this and nothing more.
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July 23, 2018, 11:37:19 PM
 #46

Well, ICO can be considered as startups and there are much similarity between these two. Both needs new team. But for startups having a new project in not always necessary. You can work on existing ones too.
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July 23, 2018, 11:41:43 PM
 #47

If you have done research on the ICO and believed on it, YES you can consider investing on ICO as a start for crypto currency. Just make sure that you have enough knowledge before investing. A lot of people fail because they rush things and got blinded with false promises. Beware of scam ICO's. It is very difficult to determine a legit ICO but knowing things about it will really help.

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July 23, 2018, 11:46:16 PM
 #48

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


The nature of the ICO project is a start-up of the cryptocurrency market. Projects need to demonstrate their potential through the whitepaper, team members, and Token sale index. Besides, community building will also help the project to be known to capitalize on crowdfunding.

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July 23, 2018, 11:52:23 PM
 #49

Most ICOs are considered as a startup companies and they need a crowdfunding to materialize their projects and concepts that's why they will release a whitepaper so that the investor would know how the project works and how long is the return of investment. ICOs are like KickStarter or IndieGoGo that need funds to start a company the only different that ICOs are unregulated.
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July 24, 2018, 12:04:33 AM
 #50

In recent time this market is very popular among all types of peoples. That’s why i believe one day every company will launch their own crypto and it does compete with fiat money.
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July 24, 2018, 12:13:50 AM
 #51

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?

Indeed, ICOs are mostly coming from start ups and entrepreneurs. These projects are the one which require public funding to start there project. Instead of reaching out to big investors they are reaching out to crypto community to come and invest in them in the beginning of there journey and ripe the fruits when project goes live.

Unfortunately, a lot of scammers are utilizing this opportunity to there personal benifits as well and a lot of new investors get caught in there hands and lose funds.
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July 24, 2018, 01:40:43 AM
 #52

ICO is a popular system to fundraise for a project and later getting the fund back as coins and tokens, it can be considered as a startup as long as money keeps coming back. Opportunities like these should be utilized by all the lenders concerned.
Coming back for what? in my understand that can be considered as a share to the investors. You can see that how the majority of people are using ico to bet on how much it will give back to the ico investors after the token has already listed in the exchange site. i thought that you have understood about that dude. that's so easy to understand.
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July 24, 2018, 03:26:17 AM
 #53

Good ICOs can be considered startups. Best ICO with potential for huge returns on investment is the Trufield project ICO. This exciting project will revolutionize healthcare for millions of people. Trufield will provide free health data management systems in developing countries. The Pre-ICO is live and open to all investors, so buy your tokens at 25% discount. Buy Trufield token and learn more about the project here at http://Trufield.com or http://Trufield.io.
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July 24, 2018, 11:42:45 PM
 #54

 Considering them as a start up wouldn't be right because they have been in operation for a while. The correct term would be to consider them in  an infant stage. They are also termed as crowdfunding project by the users.
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July 24, 2018, 11:54:31 PM
 #55

Yes, I agree with it. ICO projects should consider as Start-Up project. Most of the ICO is like to make money shortly but the real thing in ICO project should be a new revolution in blockchain technology. Though it is not so easy to invest in ICO for a long time where countless ICO is scamming before success and even after success.
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July 26, 2018, 08:01:42 PM
 #56

Initial Coin Offering projects must be considered as Start-ups since they do and go through the same process of the business process as a normal start-up. ICO is a new way of starting your own business which provides you with the easiest option of reaching more investors for the development 
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July 28, 2018, 06:14:31 AM
 #57

I actually consider ICO as start up. Their projects are designed in such a way which is actaully really convenient and ideal for start up.However, ICO plays multiple roles i.e ICO is not only considered a startup but it already has a running business serving purposes like obtaining finance, serving a secure financial life, etc. so it's worth investing on.
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July 28, 2018, 06:26:52 AM
 #58

I think it's you that got it wrong, I mean, ICO is a way to fundraise for a start up project, there's many method like kickstarting, ICO, IPO, crowdfunding and thats why ICO is called ICO because it offers coin.
ICO is having a fine name as it is and there's no need to change the terms

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July 28, 2018, 09:46:33 PM
 #59

They are considered as a start up, that too for a longer period of time. We should have the mindset of investing in the technology and not just to earn money out of it.  It is considered also looked as a crowdfunding project which is open for investors.
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July 29, 2018, 09:03:44 AM
 #60

Instead of just making profit the investors should have the goal of investing in good technology. Because if the technology is good enough it is inevitable for it to get success and bring in profit.
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July 30, 2018, 04:01:51 AM
 #61

Initial Coin Offering(ICO) is a great option for investing for the future run, not just for a few bucks, in a short pahse.These are mainly done by companies up for a development phase,unlike IPO, so will bring greater returns once developed after investment.
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July 30, 2018, 04:25:52 AM
 #62

In an ico there are several options to be able to take advantage of it. we can follow the bounty or we can also invest in it. definitely ico is one good investment because there are many legit ico that can be followed, but keep in mind that we also have to be more careful in order to avoid the scam ico.

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July 30, 2018, 04:32:17 AM
 #63

When I was newbie and researched on Crypto, My leader said me that ICO as Start-up in life.
There are many same point and different point between both. Example:
Same: New project, need investor ,need team.....
Different: ICO Crypto is technology, need technology, hard to guess.....
 What do you think?


There's a big similarity but one big difference is startups are compliant compare to ICO where people got scammed from bogus projects, startups. are government compliant because they have physical office whereas ICO almost aLL PLATFORM ARE INTERNET BASED.
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July 30, 2018, 04:53:51 AM
 #64

Why consider? An ICO is a startup! The only difference that they are funding in crypto, not in fiat. When blockchain appeared, people started launching blockchain-based projects. So it is pretty natural to go funding in crypto.

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