An initial coin offering or more popularly known as an ICO basically refers to funding through cryptocurrencies. It provides a common platform for investors to assess the value of new and upcoming forms of cryptocurrencies against already established cryptocurrencies such as the Bitcoin. This gives investors a common denominator and ultimately, better results.
As an ICO is a fundraising mechanism in the cryptocurrency world, it is very important for companies who are rising to know how to create an ICO. One needs to be fully aware of the entire process that ICO follows. It must have a token of interest which it wishes to offer to the public. It must ensure that the token offered by the company is made popular and the investors know about it. It must know the perfect time to launch the ICO so that their token meets with high levels of interest from investors. This is the simple procedure of how to make ICO successful. It is also very important to remember that it all starts with a simple token ICO. The token is what makes all the difference and plays a major role in determining the success of an ICO that is being conducted. Thus, all these factors must be taken into consideration before launching an ICO.