Initial Coin Offering (ICO) has proved to be one of the important fund-raising methods for startups. Through the decentralized blockchain technology and without any intervention of third-party financial institutions, investments can be received from anywhere in the world.
2 important stages in ICO launch
- Pre-Public engagement phase – This stage is where the project takes shape. The vision of the project is mentioned, and it takes around six months to 1 year, depending upon the scope and intensity.
- Post-Public engagement phase – This spans around three months. The announcement of the ICO project to the public and the actual sale of tokens will occur in this stage. Adequate effort must be made to ensure that the project grabs the attention of the public.
In this article, we will see a detailed process of launching an ICO - https://www.blockchainappfactory.com/blog/11-steps-to-be-consider-while-launching-your-own-ico/
