Initial Coin Offerings have become a preferred choice to raise funds. Most Fintech investors and those belonging to other industries, along with many developers, are constantly involved in different ICO projects.
If you are planning to run your own ICO project with little or no budget, and you want to know how to setup an Initial Coin Offering, it is important to know if running an ICO without budget is actually possible or not.
Your ICO should be treated just like any other campaign and so, there needs to be set goals and timelines. This means that you need to give a clear explanation of where you plan to take this project. In order to get your investors to trust you, you need to provide them with a whitepaper and ICO roadmap. Whitepaper serves as a blueprint for your startup which explains the technical details including the way system is built, how you plan to develop it further etc. Whereas, roadmap works like a timetable for your venture where every phase is allotted a timeline and budget.
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