Get complete support to launch a successful ICO - CoinMetro
Last week, I met my old friend in a restaurant, who is always interested in experimenting new concepts. We were talking about so many things that happened in these years. Slowly, we diverted our topic to the sudden boom in bitcoin value. I don't know anything about bitcoin or another cryptocurrency. He gave a quick overview of a lot of things happening in the crypto world and the most important of them was ICOs. He said that he is planning to launch an ICO with the help of CoinMetro. I asked him "What is ICO?What is CoinMetro? How CoinMetro will help him to launch an ICO?". Given below are the points he explained to me.
ICO ( Initial Coin Offering ) is the new and hot topic in the crypto world. It is nothing but a crowdfunding campaign organized by the company to raise funds for the development of their new product/service. Usually, the company will sell its tokens to the investors for raising funds. Tokens can either be a new cryptocurrency or a utility token created on top of the existing standards like Ethereum. Users can buy these tokens by exchanging BTC, ETH or other cryptocurrency supported by the company. Most of the ICOs won't accept payment in the form of fiat currencies because of the banking and other legal regulations. So, the majority of the participants will buy tokens only by exchanging the cryptocurrencies.
ICO is entirely different from IPO. IPO (Initial Public Offering) involves more documentation and need to follow the regulations set by the government whereas ICO is unregulated which doesn't require more documents.
Anybody can launch an ICO easily provided by creating a simple document (like a whitepaper) which explains the goals/objectives, milestones, technology, team and approximate schedule or roadmap for the completion of the project. Then they need to mention the estimated date and time at which the token sale will start. Once the token sale gets over, smart contracts will be issued to the users who had bought the tokens. Then, the company will begin the development of the product/service mentioned in the whitepaper.
Even though it looks simple, many people are not able to launch an ICO successfully because of the lack of necessary tools and guidance. For them, CoinMetro is an excellent option as it provides a complete framework for the launch of an ICO offering the below services.
- DAO Registration
- Transparent and secure funding
- Smart Contracts
- White label creation
- Fiat/Cryptocurrency deposits
To read more about the features of ICO Express Platform by CoinMetro, please visit the Whitepaper, ANN and the BountyThread.
Obviously, you can't get any valuable service for free of cost. To access the ICO platform, you need to hold their proprietary token named COIN which will be the only currency that will be used for getting any kind of service on the CoinMetro platform. You can easily buy the COINs from the company during their token sale in December 2017. Initial buyers may earn a bonus of up to 500 once the COIN value gets appreciated.
To get the latest updates on the sale of COINs, please check out https://coinmetro.com/ and join our Telegram.
I am pleased to see this post here, with so many details and info about the project. I was just searching the internet about CoinMetro, my friend is all day talking about it. Hope it will go huge!
Thank you for reading, @jackandrew.
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