You can earn from your ICO investments. So, before you invest, be sure to skim through the various bounty programs that take place on Social media platforms and relevant referral programs. Most ICO’s have a defined price for their tokens you invest in, with an expectation of growth within the price. The tokens can then be sold or exchanged for other digital currencies or fiat. However, success depends on the ICOs, and you need to choose the right ones before investing.
You can earn more in ways other than investing. The risks involved are lower, but the tasks can include an activity on social media or translating the whitepaper.
How to buy and sell ICOs?
To buy ICOs, you can follow some of the significant crypto news websites or get yourself subscribed to crypto newsletters for ICO campaigns and related news. First, you select an ICO, and then you can find buying options from their websites. You can buy them by using other digital currencies or by fiat (paper currency). Once you have deposited the capital on its desired address, you will be able to find the token on the wallet of that website.
Selling can be done whenever you want, although, preferably you should sell when the price is right for you to earn money from them. You can wait until the sale is at a close and exchange your coins for ETH or BTC.
How do ICOs work?
When a cryptocurrency firm needs to raise capital through an ICO, it creates a structure on a whitepaper that explicitly states the way they plan to execute their project. It also contains other relevant details like the project requisites, budgets, ventures and the number of tokens that will be kept with the pioneers, the kind of money that will be accepted, the duration of the campaign and everything else. During each ICO campaigns, the supporters, enthusiast and the patrons of the firm buy shares of the crypto-coin with digital currency or fiat.
These are the coins often referred to as tokens, which bear similarity to that of the company shares sold to investors in an IPO campaign. The ICO will be deemed unsuccessful if the capital raised doesn’t meet the requisite capital threshold. If this happens, backers will have their money returned. However, if the requirement is reached, the capital is used for initiating new schemes or for completion. Even though they fundamentally look similar to any crowdfunding, ICOs differ since the backers here are expected to get returns from their investment, whereas crowdfunding, the capital made are technically donations.
ICO or an Initial Coin Offering is a method of fundraising where new franchises sell their crypto tokens for ether or Bitcoin. It bears a similarity with that of an IPO or Initial Public Offering where investors can purchase shares of any company. ICOs have gained a lot of popularity, creating a buzz around the topic within the blockchain communities.
ICO within the crypto sphere allows interested investors to invest in any offering by companies who are ready to launch their services, coin, or application. These investors use fiat currency or any existing digital token like Bitcoin or ether. For the support given by investors, they’re given a crypto token. Investors can then anticipate how well the tokens will perform in the future with an expectation to receive profitable returns on their investment. ICO’s are used by many start-ups to skip the grueling process of raising funds through traditional means.
ICO projects are often viewed as unregulated securities that allow the founders to raise an unlimited amount of capital. However, people have argued against this concept, and have called the ICO to be innovative in traditional funding. The US SEC (Securities