Each and every day, the world of cryptocurrencies see a launch of a new altcoin, or a new ICO looking to obtain a solid entry into the marketplace. Cryptocurrency world is an extremely competitive arena, and it requires innovative and special steps to keep ahead of the video game to ensure you and your merchandise can get to taste victory. Additionally it is true that ICOs have a type of dubious reputation as it remains unregulated industry in several markets in the world.
In reality, China has banned ICO completely and more countries are expected to follow in its footsteps. There have been instances where people have spent in an ICO rating only to see it disappearing rather than coming back again. Investors have started to lose confidence in ICOs which is the reason why it’s extremely important to advertise your ICO with the help of a knowledgeable and efficient ICO advertising and promotion agency. Ensure that your ICO is properly branded and promoted so it may gain prospective investors’ trust. If you’re considering starting your own ICO and need a suitable promotion- continue reading to know ways to make your ICO stick out from another ICOs.
What’s an ICO: ICO stands for First Coin Offering, meaning a provider is providing an opportunity to investors to invest in certain units of a new cryptocurrency in exchange for an current coins, such as Bitcoin, Ethereum, or Litecoin. Since 2013, when cryptocurrencies were introduced into investment world, this has been the manner in which the development and implementation of new monies are funded. These pre-created tokens could be sold and traded easily on cryptocurrency exchanges, provided it’s an ICO that’s popular and awakened some demand.
As mentioned previously, successful and well-planned strategy is the key to creating a hype about particular ICO. It’s proved that the most prosperous ICOs are people whose integrated service and money or the token are inter-linked to one another.
Why do you will need to market your ICO?
Not long ago, cryptocurrencies existed on the sidelines of the society and you would not know a lot about them unless you’re really into technology or finance. The case is totally reverse these days, with people from all walks of life and every part of the society taking some type of interest in cryptocurrencies. This newfound interest has triggered stiff competition among ICOs and various existing monies. Since ICO is an unregulated market, there is always a risk that threatens investors that they might fall prey to scammers or suspicious people.
Make the audience conscious of your ICO: If people don’t know that a excellent idea exists, it can’t be called great in the real sense. Advertise and promote your own ICO as far as possible using a variety of sources. Make sure maximum number of people have an idea about your great new idea.
Make your ICO look legitimate: People have their doubts about ICO offerings. They are concerned whether it’s valid offering or another scammer. Be certain your ICO looks legitimate by communicating with prospective investors and anwering all their questions satisfactorily.