ICO is the initial coin offering for a mass audience. This is somewhat similar to the IPO (initial public offering) but is built in a completely different way. Almost everyone can start and launch ICO – this does not require a lot of investment. But, nevertheless, the tasks and functions before the ICO are quite laborious because you must have a team that will help to make it right. What do I mean? Marketing and PR of ICO, dissemination of information to a mass audience, work with social media and channels. The most important components. You should clearly understand which audience you are targeting. Now the greatest coverage can be obtained only in the English-speaking and Chinese segments. Despite the fact that China does not allow ICO to be made for its registered companies, no one prohibits the registration of a company in the US, or Singapore, as many did.
The way we do money is changing. What can you do to keep up? Blockchain and cryptocurrency have been around for years, but only in the past several months has the conversation spread far beyond arcane internet forums and tech company break rooms.
Maybe it's time for you to make your own cryptocurrency, to make your own medium of exchange for goods and services. That may sound complicated! But it's simpler than you would expect. thanks to the great strides the decentralization community has made and continues to innovate with.
A cryptocurrency replaces today's bank. Banks keep track of the amount of money you have in an account. Instead of trusting a single institution to keep track of this for you, you can trust a massive computer network made up of anyone and everyone to keep track, publicly.
The collective computers in this network confirm every single transaction of currency that ever happened and ever will happen. This public consensus is the assurance that people rely on when using cryptocurrency for payment.
Your own cryptocurrency can be the token that you accept for business - kind of like tokens in an arcade. This currency can be brought into existence today. The first step is to choose a big, decentralized computer network that is constantly confirming the legitimacy of new additions to its blockchain, get started today!!!