I tried to read but stopped after the "
Investment scheme where Investors would only have profit per week". Sorry but I don't think your post is right for this forum. It belongs to some Ponzi or HYIP group or something similar to those.
*Please read ful. I really need some advice.
Hello forum members.
I have an idea to start a new startup. I can't elaborate my idea as of now but it would be something related to Investment scheme where Investors would only have profit per week. I almost spent a month elaborating my idea and converting it into a business model. I have also spent much of my time in studying about starting an ICO phase for fundraising to develop my firm and make it globally expanded. Technically speaking, none of the centralised firms would loan me the amount to start a startup without any collateral. And also I've tried to make investors have profit by just transacting with the token(Which would be created for my startup). Now, I can't give any much detailed information about it so it would get a bit difficult to understand. I want to know "Can i launch a ICO to launch the Industry and make the token holders beneficial in plenty ways?" I would proceed legally with all paper works done but i don't know where to start. Also, I've read that a "Team" is required to launch an ICO which I don't have yet. This is a single man operation so what can i do in such situation? I am rarely exposed to the blockchain network so i need genuine advices so that i can exactly know what to do. I would really be thankful to those who can spend some time answering me.
Thankyou.
*Is this the right section to post this? If not please anyone can guide me where can i move this thread?
*Also please let me know if it is anything wrong. I don't want to break any forum rules & regulations.
I'm really sorry, but i have no such intentions. Investment scheme means holding the tokens. I'm sure once i elaborate my concept you'd change your mind. And yet if it seems Ponzi pr Hype scheme then i will immediately shut it down.
That's why i need some advice.
I have a dream to start my firm and i will struggle to get there. No problem if the ICO Fundraising isn't for me. I would try anyhow with the legal firms.
Even the government supports something similar to my concept so I'm sure it would not be anything ponzi.