Are you someone who is searching keywords like Bitcoin, Ethereum etc in Google? Don't worry. You are not the only one to do this search. Many people are trying hard to understand the meaning of token sale, ICO, whitelist etc from the time the value of BTC is rising constantly. As per the latest data, 1 BTC is equivalent to approximately 14000 USD.
Of all the terminologies related to cryptocurrency, ICO seems to be very much interesting. What is ICO? ICO stands for Initial Coin Offering. It is an unregulated crowdfunding procedure through which funds are collected for the development of a new product or service.Do you wish to get a better understanding? Let me explain using a real-life scenario.Let's assume that you are in need of money urgently to take care of your loved one who is hospitalized under emergency care. What will you do? You can get some kind of help from your friends if you explain them clearly about the situation. Now, let's say that you are interested to start a research-oriented project and you don't have the necessary funds. Will your friends lend money to you? No way. Because they might not be interested in your research or don't have the confidence in you. What is the alternate option to raise money for your project?
Prepare a high-level document which will provide answers to the following questions.
- What is the need for your project?
- What is the expected outcome of your project?
- Who are the target users?
- Is your product/service completely new?
Or How your product/service will be different from the existing one? - What kind of technologies will you be using?
- Expected time for completion
Now, the procedure of collecting funds by sharing the above document is called ICO or token sale. Are you wondering what is meant by Coin? Every company which is conducting the token sale will be introducing a new cryptocurrency or cryptocurrency based token. They will collect funds from users by selling these tokens. Generally, these kind of tokens will have the following features listed below.
- Token holders will get early access to the product/service once it is launched.
- Token may get appreciated if it gets listed on exchanges.
- Users can sell their tokens to those who are in need.
- Tokens can be exchanged to access the services of the platform.
Do you know the reason for the failure of any ICO? Lack of knowledge. To provide complete support for those who wish to launch an ICO, CoinMetro is developing an ICO express platform which will provide guidance from the time ICO was launched till the end of the token sale. The main features of the express platform are given below.
- DAO Registration
- Fiat/Cryptocurrency deposits
- Smart contracts
- White labeling
- Support for trading the tokens on exchange
- Secure funding
- Dedicated support team for project review
To know in detail of all the features listed above, please visit https://coinmetro.com/whitepaper/. Can you launch an ICO just by creating a free account in CoinMetro? No. It is not possible as you need to hold the COINs (proprietary token of CoinMetro) for accessing any service of the platform. For more information on the pricing, availability, and sale of COINs, please visit https://coinmetro.com/.
Let's be honest with each other. Bitcoin is already an outdated technology (long and expensive transactions are a glano) and its entire growth is ensured only by the faith of people who hold their own means in it.
But let's think positively - almost every day there are a lot of projects that are called ICO. the main feature of which is in the placement of primary coins. This gives a big stratum for good and meaningful projects.
But the problem of such projects is that they do not have enough knowledge. Therefore, they fail and do not receive adequate funding.
CoinMetron suggests that they solve this problem. They offer those who are ready to zaustit their ICO full support and their experience and knowledge. And this is the main condition for success.
Do you have any ideas? You want your ICO, then CoinMetro can become your full partner.
Thanks - this is valuable information
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Very good point of view! Thank you :) !
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Currently, the term ICO is familiar to many. First of all, it means "Original offer of coins".
But at the moment there are so many of them that people do not have time to follow all the news related to ICO. And such growth definitely affects new problems, and first of all these failures. That is, projects do not receive the funding they need. Why is this happening? The answer is simple - lack of knowledge.
CoinMetro develops an ICO express platform that will oversee the process of initial placement of coins from start to finish. This will give you a little confidence and bring your success closer. Any success depends on several factors, the most important being knowledge. And it is CoinMetro that will give you this knowledge and will give you support.
CoinMetro is an excellent varinat for solving similar problems. Thank you
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What an exceptional teacher you be ? I have been hearing of ICO but the only thing i know is that it stand for initial coin offering but as i red your post i get all the necessory fundermental knowledge of ICO at once.now ,i can boldly explain almost everything about ICO just because i red your post.thanks my dear ,you really widen my horizon today ,i am happy even if i did not learn anything again today.i must appreciate you because this post is worthy to be embraced.
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You really simplify the term ICO & tokens....thankyou
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CoinMetro’s fundamental risk management strategy is to utilize labeled margin wallets to eliminate the damage risks, to protect any potential loss while trading on their give and take loaning podium
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I've been thinking lately how hard is it to launch an ICO. Not that I want to do it, because I don't have any ideas on projects that could be useful to people, but I'm just interested about how these things work. Why? Because lately I've been seeing a lot of new ICO's and couldn't help but wonder, is it so easy to do if there are so many of them? :D
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I think it is very good news for btc users as much as btc is going to be beneficial to us and I think that doing any work properly and what everyone has confidence will keep an eye on us
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Coinmetro is great trade .
Its great that they are including this new component.
upvoted and resteemed
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Bitcoin is a most important for us, i like this bitcoin. best of luck
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Coinmetro is very good exchange .
Its good that they are adding this new feature.
upvoted & resteemed
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Thank you @mokulkhan
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My knowledge on ICO and the launch process have just been broadened. Many thanks @danizaharie
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I recently learned about the term ISO and what it means. In my opinion, this is an excellent chance for many young and promising teams to get financing. But as you described, there are problems, the main of which is the lack of knowledge.
You offered an excellent solution, CoinMetro can provide support to young minds and give them the necessary knowledge - to share their invaluable experience.
I can say for sure - this is an excellent solution and they need to use
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One day bitcoin will buy me a Lamborghini
I like bitcoin
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I would suggest rather investing on ICOs at this time and block your money for next couple of months, buy some of the coins I have listened below or other any potential coins which are already in exchanges.
Each of the below coins have working or beta products and current price is too low compared what they are bringing.
I think this is the right time to buy as current price of most of the below coin is even less than their ICO price.
COSS
FUEL
DBET
KICK
MTH
All above tokens are listed on HitBTC exchange.
…and most Important is do your own research before investing in any ico or coins.
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i like bitcoin..thanks for sharing this blog..i appreciate this post..
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Thank you @danizaharie for making a transfer to me for an upvote of 9.90% on this post! Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem! The other half helps holders of Steem power earn about 60% APR on a delegation to me! For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily? To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?
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i read your article dear @daniazaharie really your post is awesome???
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Great news..👌
Please Upvote
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Great explanation of some key terms and an overall very helpful post. I will definitely be looking in to Coin Metro after reading this, thanks for sharing! Do you work with Coin Metro?
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You got a 22.05% upvote from @postpromoter courtesy of @danizaharie! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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I personally feel that without regulations, ICO's are detrimental to the crypto investing world. Too many scams and unrealistic evaluations are resulting in more and more losses for general investors.
Almost all of the ICOs I've seen are what I'd call "blank check companies" where they kinda sorta have an idea but want you to give them a lot of money (the blank check) to try and move forward.
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Very good article :)
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What an amazing article!
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That's a great info of Cryptocurrency thanks @danizaharie
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CoinMetro's basic risk running strategy is to use labeled margin patters to eliminate the risks of damages, for the sponsorship of any damages during trading of their offers and for podium receiving the progression.
@danizaharie
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thanks for sharing
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Thanks for this post , I hope bitcoin will drop a bit , to buy new lots again and then we can go back to 20k
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@danizaharie Thank you for the information and thank you for all that you do on Steemit. I invite you and all who read this to stop by and join a contest I am doing called "Together We Build" it is a great way to interact with others and make the Steemit community stronger. Thank you.
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