The Right Way to ICO (2018)
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Blockchain has many benefits like transparency and decentralization. Since the utilization of this revolutionary new technology is very novel and still in its earliest stages, many projects are being launched to provide foundational parameters for using the blockchain.
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Other companies create platforms and leave it to the public to eventually come and adopt it, utilize it, and spread consumer-side awareness. The platform founders traditionally market how their platform can be used by others to create products, so the consumer-side marketing never takes place by the founding team.
During that waiting time that has no definite time-period, the company loses its first mover benefit and remains vulnerable to copy-cats, especially those that may have a pre-existing network that will benefit from the platform.
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This way OnLive is able to yield compound benefits for its efforts. It's marketing campaign spread awareness of both a utility of its broadcasting product and also clarify the company's technological ability to create ecosystems without expensing on operational assets in advance. OnLive is able to utilize its first-mover advantage and won't be vulnerable to copy-cats. Moreover, OnLive's internal valuation will increase as over the course of time it will generate a strong goodwill valuation as it would have developed an existing network of paid providers on its grid.
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OnLive has taken the smart approach to making a platform by immediately offering a product utilizing its technological platform. OnLive will have an immediate product offering, as-well-as a powerful platform-building technology, unlike all the other blockchain projects being launched as only platforms.
Part 2: Essential Information
🌐 Website: https://on.live/
💡 Whitepaper: https://on.live/documents/OnLive_Whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2738965.0
💻 Telegram: https://t.me/OnLive
⌚️ Token Sale: MARCH 11
📃 Ticker: ONL
👂🏻 Token Type: ERC20
💰 Accepts: ETH
👔 County: UK
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On-Live looks like a good ICO with great potential :)
Yes, and the ICO is doing quite well