ICO - A Complete Guide

Before the Launch of ICO,there are so many difficulties and struggles that one should cross over to start his/her own online startup business.The launch of ICO created a way that anyone can transform their business ideas into a successful startup.The concept of ICO serves as an eye-opening trick for those who has amazing business ideas that they can not implement ,because of insufficient initial investments.

ICO-A way to transform Ideas to Actions :

As mentioned,ICO paid a way that hided all difficulties that are related to investments for starting a business or a service.Not just repeating the word ICO althrough and makes you weird,let me share some info that can make you clear about the concept of ICO.

ICO means Initial Coin Offering,which is similar to Crowdfunding and Initial Public  Offereing.ICO is a process by which one can request for fund from the public ,to start his/her own project/business.Interested investors from the public will offers fund to start the business ,which involves a time duration.With this funds from investors,he/she will start business,  with a particular percent of profit/loss share with investors.

All the above process will be performed with the help of Tokens.In general,ICO sells utility tokens.Selling this kind of cryptotokens during ICO is considered as token crowd sale.

ICO- Its way of Walk :

A business freak can utilize ICO to start his crypto project or any online business,and if  the collected funds from public doesnot reach his required capital amount, then the ICO process will be cancelled and it will be considered as a unsuccessful ICO.

On the other hand, if the collected funds met his capital requiremnet, then ICO process moves to next phase which involves writing whitepaper.Whitepaper is a collection of important informations such as project/business model,requirements to complete the project,token details,vaildation period of this ICO campaign.
To know the proceeding  steps of ICO process after white paper writing,Please refer this blog : How to launch ICO?  

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