- If you are from a non-technical background and confused about how to get down with it, hiring an ICO consulting firm is the choice you are looking for.
- Even though most ICOs are successful and have helped several startups raise million dollar funds, they have a history of scams as well.
- Two crucial elements that will determine the reach of your ICO among your target audience is your white paper and your ICO website.
If you are a beginner, let’s start with the concept of an ICO: An Initial Coin Offering is a fundraising mechanism for a company project, mainly startups in the crypto space. The company is issued tokens/coins that they sell to potential investors in return for investment. The first token sale took place in 2013, and Ethereum raised funds with a token sale in 2014. Ever since then, ICOs have always been in demand, and are adopted by thousands of new ventures, especially after the 2017 boom, where ICO witnessed huge degrees of success.
With ICOs currently prevailing as one of the hottest fundraising instruments in the cryptosphere, if you are looking to raise funds for your startup as well, you must be intrigued to create and launch your own ICO. But if you are from a non-technical background and confused about how to get down with it, hiring an ICO consulting firm is the choice you are looking for.
In this highly competitive scenario, you cannot just stop with development, but you need to ensure effective marketing and launch for your ICO, to stand out from the crowd and sustain in the long-run. Many ICOs have faced failure in the past, due to lack of proper marketing. That is why, hiring an ICO development company is the ideal choice as they will be with you every step of the way from development to launch. One more factor to be considered is, even though most ICOs are successful and have helped several startups raise million dollar funds, they have a history of scams as well. To avoid that, many countries have started regulating ICOs in their countries which is also a reason why you should hire knowledgeable ICO advisors as they will be up-to-date with the changing regulatory landscape.
What are the other important advantages of hiring an ICO consultation and development company for your business? Let’s find out.
Primary reasons for why you should go with an ICO development company
Skilled ICO Development Team
Any ICO development company would have employed industry experts, the best ICO developers, market research analysts, strategists, etc., to develop and deliver the most plausible solutions to attract potential investors towards your ICO and help you reach your goal. Such companies will have a team of experts who will provide you with strategies to further improve and make your ICO more productive. They will carefully research, analyze the market trends, and develop your ICO in a way it meets investor expectations and in a stable and secure manner. Also, these firms will comprise smart contract developers, wallet developers, and quality analysts who will help you kickstart your ICO in an effective, efficient way and keep you away from any hassles.
ICO White paper and Website
Two crucial elements that will determine the reach of your ICO among your target audience is your white paper and your ICO website. By partnering with an ICO development company, you will acquire all-inclusive ICO consulting services from ideation to development, design, and launch. They will possess a team of skilled and seasoned professionals, designers, and content strategists who will help you create engaging, attractive, and legitimate ICO white paper and website which will grasp your investor’s interest in your project.
They will guide you through every step such as the elements to be present in your white paper from legal aspects, idea behind the project, benefits to the investors and the solutions it will provide to the existing issues, etc, which will ensure investors’ trust and confidence to invest in your ICO. Also, they will help you create an attractive website with an intuitive user interface and the one that is easy to navigate. They will also guide you on how to bring in organic traffic for your website, and generate leads.
Powerful Digital Marketing strategies
As we discussed earlier, marketing is a very essential part of your ICO, as it has the power to determine the success and failure of your business. Most ICO development companies offer not only development but also marketing and launch solutions. Online presence is the key to reach your potential investors in the shortest time possible. These ICO development firms will have a broad digital marketing team comprising project managers, strategists, content writers, SEO specialists, etc, who will provide comprehensive marketing strategies to capture immense visibility and credibility for your ICO. Their vast experience and knowledge will help with plausible marketing solutions and powerful promotions through various mediums such as content marketing, social media marketing, email marketing, influencer marketing, paid marketing, bounty programs, community building, SEO on-page and off-page promotions etc which will gather a broad set of global investors for your project.
Present-day blockchain solutions
Creating an ICO is not as easy as it sounds. With the constantly changing regulatory frameworks, market trends, and investor preferences, it might seem overwhelming for a newcomer to keep up with everything. This is why you need a solid ICO development company. As such companies have helped and are continuing to help several clients across the globe launch their ICOs successfully, they would be well aware of everything that is happening in the market. They will provide consultation and implementation of the latest trending blockchain trends for your ICO that will make it appealing for potential investors, and help you stay ahead of the curve. Also, they will have an understanding of the regulatory norms of every country, and make your ICO complaint according to your geographical location which will help build a strong base for your project.
These are the core benefits of hiring an ICO consultation/ development firm for creating and launching your ICO in the most influential manner and raising significant funds for your venture. Even though this makes it sound like the success of your ICO is an assurance, there are things that you need to ensure from your side, to make it work. You need to have a clear idea, and objective behind your ICO, as in why you want to create an ICO, what is the purpose, and what is the end goal.
And there is a multitude of companies offering ICO solutions. Therefore, you need to make sure to go through extensive market research and choose the right ICO development services company to achieve profitable solutions at competitive prices. Once you are set with these aspects, your ICO development is smooth and simple, and you are guaranteed substantial funds for your venture. So, go ahead and choose your company to relish enormous capital for your venture.