Starting an Initial Coin Offering (ICO) token sale might feel like a troublesome task to those who are just beginning in the crypto industry. But if you know just the right approach, you can save yourself a lot of money and time and make things quite smooth while starting and running an ICO.
With that purpose, we are today going to share a brief yet complete guide to starting the first ICO project.
But, first things first.
ICO, or Initial Coin Offering, is a new kind of fundraising method in which the issuing company sells a new cryptocurrency (token) in exchange for investors’ money, usually as a way to raise funds for a new project.
Here’s a step-by-step guide to starting and running a successful ICO token sale.
Start by telling people about your project. You simply cannot expect anyone to invest in your ICO unless you tell them everything about the project and convince how investing in it will profit them.
For this, you must have a very good idea of the project concept and the problem it is trying to solve. Then, you need to find a USP (Unique Selling Point) that makes your ICO better or different from the existing ICOs. Then, start telling about it by writing on your ICO website, writing in the whitepaper and sharing on social media and other places.
The more people know about your project, the more likely they are to become a part of it.
For instance, DAVX coin, which is a digital payment currency, is all about providing an alternative to bitcoin by making digital payments convenient and secure. By spreading the message all over the internet, social media, forums, etc. they are making sure that the investors know about the coin before investing in the ICO.
The project roadmap is also an important thing to include on your ICO website/whitepaper in order to give investors a clear idea of how the project will proceed, when and how you are planning to hold the ICO sale and what happens after that. So, make sure to craft a good and achievable roadmap for your project and convey the same to your targeted audiences.
While most of the novice investors may not ask for the technical specifications of the project before buying your tokens, a professional/experienced investor always will.
Technical specifications include the technical details of the project, including the blockchain type, implementation mechanism, token details, smart contract, mining process (if there is the mining of coins), etc. Make sure to explain everything in detail in your ICO whitepaper.
Smart Contract is a blockchain application that is created mainly for the purpose to work as a digital contract for the users of a blockchain network. Smart contracts are written in computer code and can be customized to validate any kind of digital transactions such as payments, contracts, ownership transfer, etc.
Every ICO which is powered by blockchain technology must have a smart contract to digitally and fairly process the investors’ money. The smart contract must be available to investors on request.
One of the major concerns of the investors of any new ICO is whether the project is even capable of giving a return on the investments. No investor will ever want to put their money in a project which does not have a proper revenue mechanism.
For instance, a digital currency will be used for payments as well as for trading on exchanges. So, the investors can earn profits by using or trading/holding the coin.
Similarly, the issuers of new ICOs must also have a clear and proper mechanism for revenue generation for the platform as well as for the project investors. Do explain the same in your project whitepaper.
If there is a lending program associated with the project, make sure to specify it in detail in the whitepaper. A lending program is where the issuing company allows token-holders to lend/borrow money in exchange for cryptocurrencies.
Other than the lending program, you may run other user-exclusive programs such as crypto exchange, in-wallet transfer, etc.
Also commonly known as Airdrop program, this involves paying a commission (usually in the form of tokens) to the people who bring investors to your ICO. An Airdrop program may also involve paying free tokens to those who help promote the ICO via several means such as social media, communities, etc.
If you are running an affiliate/airdrop program with your ICO, make sure to convey it properly with the potential audiences.
In order to get your ICO more popular and increase its reach to more and more people, you must mandatorily list it to various ICO listing sites such as ICOBench, CoinHills, ICOHolder, FoundICO, ICOBazaar, etc.
The ICO listing process on these sites is quite simple. You’ll have to provide the details of your ICO along with an option for potential investors to connect. Then, you can sit back and wait for investors to start pouring (depending on how good your project actually is).
Adding a news/blog section to your ICO website is another very promising way of creating engagement and converting traffic into sales. Keep your website’s news section up to date with the latest updates about the project, investment tips, ICO tips, etc. Add a comment section to your blog and always reply to user comments to further create engagement on your posts.
Last but not least, you should have a clear
vision for the future of your ICO project. Any investor who wants to invest in
your token/coin would first like to know about your future plans. You should be
able to convince them in a genuine way that the project will succeed in the
future and have great potential for the same.
The thing that I like the most about ICOs is that
anyone can start them. But that is also the thing that makes them dangerous, as
anyone (even a fraud person/company having no intent to develop anything
actually) can start an ICO. Investors are, therefore, becoming very careful
when investing in a new token or ICO. Make sure that you deliver a good ICO
experience with all the things mentioned here.
industry is growing very fast. About a decade ago, no one would have imagined
that a simple paper on blockchain technology released by Satoshi Nakamoto
(blockchain’s acclaimed founder) would create a revolution that would last for
years to come.
Now that the true potential of this technology is being known to the world, many companies are actively engaging in creating and backing blockchain-based projects.
An ICO, or Initial Coin Offering, is the general process followed by blockchain startups and companies to raise funds for their projects.
Nowadays, another term “ITO” is also being widely used in the investment space. So, what is an ITO exactly and how is it different from an ICO? Let’s find out.
An ITO, or Initial Token Offering, is the process of selling tokens in exchange for investment for a new blockchain project. An ITO is similar in concept to an ICO but there is a basic difference between the two.
Yes, you guessed it right.
ITO refers to Initial Token Offering, that means it is tokens that are sold in exchange for funding. On the other hand, an ICO involves the sale of coins in exchange for investors’ money.
The purpose of
both events is the same – to raise funding for an upcoming project. The
difference is in the item which is being sold.
In order to be able to understand the difference between an ICO and ITO, we must first understand the basic difference between a coin and a token.
Coin or crypto-coin is a term used to describe the very first generation of digital currencies. These include Bitcoin, Litecoin, Ripple coin, etc. Tokens are the new generation of digital assets.
Crypto-coins are simply a means of digital payment and transactions. Just like any other currency, they are supposed to be used for trading other things. On the other hand, tokens have far more functionalities.
However, the two terms are broadly used interchangeably.
Since a token has a greater purpose than a coin, it can be used in a wide range of applications. This is why a project or application backed by token will have more value in the actual world. This is where an ITO is different (or better) from an ICO.
During an ITO, you can buy tokens which have more features and functionalities rather than simply being a way to make digital payments. Tokens have more value and are expected to gain even more value over time.
Another major difference is in terms of security and trust. Whereas ICOs have become highly corrupted by scam and fraud projects, ITO is still an investment option you can actually trust. DCI Ecosystem – a blockchain-powered digital investment platform – is all set to begin the ITO sale of its tokens.
Trading in bitcoins is not for the faint-hearted. It can give you highs and lows reminiscent of an alter-state.
Narratives are paramount in the public sphere. Like any aspect of social life, they set an image precedent difficult to shrug off. Part of the current public opinion on cryptocurrencies can be attributed to it.
However a major contributor towards this was the instant growth-depreciation price curve of cryptocurrencies. The Volatility Factor forced cryptocurrencies to become mere fantasy talks rather than investment options for the common public.
With no standard rulebook on investing in cryptocurrencies, Stablecoins come as a welcome alternative for those seeking a more stable decentralized investment alternative.
In this blog, we look at some of the core features that make stablecoins the new hot property in the cryptocurrency market and also understand how stablecoins will help the ‘Cryptocurrency Vision’ finally find its true voice amidst the masses.
Stablecoins are cryptocurrencies backed by real-world assets both physical and financial. These assets are normally stored in vaults or in escrow accounts for transparency. Unlike early stage cryptocurrencies, Stable Coins gain value from these real assets.
While die-hard crypto enthusiasts would beg to differ but StableCoins absorbs within its fabric the stability of the old FIAT system and transparency of the new decentralized system.
Some experts have termed StableCoins as price stable cryptocurrencies. StableCoins promise price stability. Vitalik Buterin, co-founder of Ethereum, had envisaged the dream of a stable cryptocurrency in one of his blog posts four years ago.
In the post, Buterin stressed on the need for an alternate form of cryptocurrency that was backed by real-world assets. This would help everyday people become familiar with the crypto economy.
Another promise that stable coins claim to keep is to ensure transparency in industries crippled with tedious norms and inefficiency. Say for example the Real Estate. Blockchain promises to render transparency to the otherwise vague industry norms.
A large-scale adoption of cryptocurrency will require an asset-backed cushion to check volatility. No-doubt the decentralized nature of cryptocurrencies have attracted one and all, it is the risk factor of investing in an unregulated crypto economy that has kept the common man at bay.
StableCoins promise freedom and safety for coin owners. As more stablecoins make their entry into the crypto economy, the freedom of choice and safety of assets could ensure the much-awaited paradigm shift that the crypto enthusiasts have been waiting for all along.
Once you’ve decided to make an investment in an ICO, the next thing is to find out the best ICO project that actually has a demand in the market and a chance to grow in the future.
To help our users, we have decided to list the top ICO projects ideal for investment in 2019 according to the data by some of the most reputed investors and investment companies in the world.
An ICO or Initial Coin Offering is the public sale of the tokens of a new cryptocurrency project/company. The main purpose of an ICO is usually to raise funds from potential investors.
While ICO may seem like a nice option for both investors and crypto startups, the increasing popularity of it is also attracting many scammers.
Make sure to go through successlife ico review given below to be able to find the right ICO for your investment this year.
Elysian is a new yet very innovative cryptocurrency company that provides a blockchain based decentralized platform for e-commerce websites.
The platform makes use of smart contracts to provide a secure way for developers (and even non-developers) to create awesome, feature-rich e-commerce websites in no time.
Other features of the platform include secure data storage, robust code, increased efficiency, faster delivery, theft protection and more.
The objective of the project is to create an innovative e-commerce system that consumers can actually trust.
Cypherium is one of the most unique ICO projects of the year 2018. The project is backed by some of the professional developers from companies like Amazon, Google, and Microsoft.
The purpose of the project is to make the use and access of blockchain common to everyone. The developers of the project are working on a system to rectify the shortcomings of present blockchain infrastructures.
As of now, the commercial and public use of blockchain is limited by things like decentralization and the lack of sufficient infrastructure.
The object is to design an intuitive interface for general users to access and use all the functionalities of comprehensive blockchain technology.
The Nafen project has been designed to help industries across the world. The company has created a nano-material that can be used by industrial organizations to increase the capacity and quality of their production.
The said nanofibers can dramatically change the various chemical and mechanical properties of industry materials infusing them with superpowers.
The Nafen project will be of use in a range of industries such as automobile, metallurgy, chemistry, oil, fuel, planes and new materials.
The NEX project has been designed to overcome the limitations of DEX (Decentralized Exchanges) and provide a highly secure exchange platform for crypto investors to invest and trade their coins.
NEX platform enables users to participate in complex decentralized crypto trading and transactions.
NEX makes use of an off-chain verification system to enable a more secure and faster system for complex trades across different blockchains.
Shipit is another innovative technology service for travelers and shipment senders.
It enables travelers and senders to connect through a common platform and help each other. Shipit will be available in a mobile app format which senders can use to find the right traveler to ship their packages to their destination at a low cost than normal courier rates.
This gives travelers an opportunity to earn income while traveling.
Trade.io has been designed to revolutionize the way brokerage services are provided and used.
The platform provides a convenient tool for brokers and agents to provide their services and make money efficiently. It is a decentralized platform that can be used by brokers to ensure smooth service transactions.
As of now, the system is already being used by many people in traditional trading markets as well as in crypto markets.
GlobaliPay has been regarded as one of the most sophisticated and realistic ICOs of 2019.
Why? For one, it is based on the concept of digital payments, which is something that’s never going to get out of demand.
Then, it takes the concept one step further by implementing a blockchain based payment system that can be accessed globally and can be used for making low-cost financial transactions with features like payment confirmation, fail-safe, high transaction security, transparency, and low transaction cost.
Now that you know about the successlife ico projects review where you can or should invest in 2019, go ahead and conduct your own research to find out more about these specific projects. Choose wisely and invest accordingly.
In this blog, we are going to share with you how to launch a successful ICO or STO as a startup in 2019.
Let’s get started!
An ICO can be a nice way for a startup to raise funds quickly for their new project.
However, the core requirement for the launch of an ICO is that the project should be based on the blockchain.
This is a good thing for projects that are already based on the blockchain technology or upcoming projects that use this technology for their core functionality.
Initially, we are going to discuss the procedure for planning and launching an STO or ICO.
Before you get started with the ICO, make sure that you are not doing it just to raise money, but your project is actually based on the blockchain and has a real use for this technology.
Also, be ready to launch your own cryptocurrency that you will sell to your investors in exchange for their money.
An Initial Coin Offering (ICO) is a fundraising process for blockchain projects.
A cryptocurrency startup that is working on a blockchain application/project conducts an ICO sale in order to raise funds for that project from interested investors.
ICO is somewhat similar to an IPO (Initial Public Offering), but the crypto company does not provide any real asset or shares to their investors who invest money during the ICO. Instead, the investors are given crypto tokens or coins in exchange for their contribution to the sale.
A token may have real-world applications and/or can be used for trading on crypto exchanges, depending on the particular project.
Here’s how an ICO sale works:
ICO Website :
The crypto company creates a website/platform for the ICO where it tells users about the upcoming ICO sales, schedule, tokens on sale, price, procedure, etc.
The white paper is an important document for the ICO.
The project whitepaper contains details about the token, the ICO, the underlying technology and various other things that a potential investor should know about the project.
As per the schedule, the sale of tokens is started on the company website or a third-party website.
An ICO may be held in one or multiple phases, including a pre-ICO (private sale) and the main ICO (public sale).
The user buys tokens in exchange for dollars/ETH/BTC or any other currency by registering on the company website.
Some crypto companies may also offer a discount or bounty offer to the early investors with the aim to make more users buy in the sale.
Now that you know how an ICO works, let’s get started with setting one up.
First, you need to create a website for your crypto project. I am assuming here that you already have started working on the project itself and have a working model ready.
Do not expect anyone to invest in your project unless you have something worth their time and money.
Mention everything about the project, including why people should invest in it, on your website. Provide a detailed project roadmap along with the current progress of the project.
It should be clear as to how and when the project will be finished. Provide proper contact information on your website. Create a separate platform for ICO registration and investment.
Create and upload a project whitepaper on the website homepage. The white paper is what a potential investor will read in order to find out more about your project.
Make sure that you clearly and precisely mention the purpose and objectives of your blockchain project in the whitepaper.
Also, provide details of the team and its members so that users can contact and find more information about them if needed.
The whitepaper should contain everything there is to tell about your project and how you can convince users to invest in it. Try to make it appealing.
Once your website is ready and live, the next thing is the ICO marketing.
With so many ICOs going around, you cannot expect users to come straight to your website and invest in the project, without much efforts on your part.
You need to tell (convince) the user why they should invest in your project and not in several other blockchain projects out there.
You can use social media sites, blockchain communities, email, messaging and several other resources to get the word out there.
A powerful blockchain concept accompanied by a real-world application is the most important thing and will do a lot of work itself. All you need to do is tell people about your project and bring them to your ICO. If the project has the potential, it will sell itself.
Over the last couple of years, the Digital world is rapidly increasing and almost covers all sectors, Digital money or Cryptocurrency is one of them. It is a digital currency which is created and managed by different encryption techniques known as cryptography.
‘Cryptography’ is a term used to code and decode some message with the help of some technique.
A Cryptocurrency is a form of digital money which is linked to the internet and 10 times secure to the current form of money. This type of money is secured by the cryptography process.
Cryptocurrency is the amazing and unbelievable example of current technology and changes the view of business persons towards the money.
A technology named as Block Chain technology has played an important and beneficial role to raise digital money. The first Cryptocurrency is Bitcoin which is a peer to peer Electronic Cash System founded on January 3rd, 2009 by Satoshi Nakamoto.
There are many types of digital money currently running in the world. Bitcoin is very popular among them. Here I am sharing names of some Cryptocurrency.
The Cryptocurrency market is now worth more than $100 billion and almost every country now used the digital currency for their private investment.
It composes of a Blockchain which consists of a computer file and documents which are distributed over the Internet and shared by its holders. The record of each and every transaction is kept secured in that Blockchain. And this chain is run by miners who kept a record of transactions and also cross verify them. Their work is to maintain the confidentiality and authentication of information and also to update the transactions. Value of Cryptocurrency is depended on demand and supply. And there is no interface like bank between seller and consumer; hence they share peer to peer transaction. And their identity is not revealed.
So this is all about the Cryptocurrency now you can easily decide Digital currency changes our future and why people love to replace it with visible or non-digital money.
The crypto market continues to grow. Every day are born new initiatives in the virutal currency and many crypto entrepreneurs looking for an optimal location to start their projects.
Due to international regulations regarding blockchain, many countries have been banned for this reason we have propose a list of the 7 best cities in the world for crypto startup and ICO:
This is one of the most crypto-friendly city on the world. Hong Kong is one of the world’s leading financial epicenters, the SFC is set to reevaluate cryptocurrency laws, especially in terms of regulating the Initial Coin Offering (ICO) sector. Hong Kong is the latest Asian nation that is set to tighten crypto laws on traders and exchanges.
This another of the first countries to start regulating the usage of digital currencies in 2014 by imposing taxation on earnings. Singapore is known for support of crypto related technologies and fintech innovation. The cryptocurrency exchanges and trading are legal in Singapore,and the city taken a friendly position for starup and ico’s.
The city of Switzerland also called “crypto valley”is the capital of many startups,currently around 500 projects concerning blockchain and ico’s. Switzerland in 2016 was the first country in the world to accept the bitcoin for the payment of municipal taxes.Switzerland is known for its crypto-friendly approach and blockchain development.
The island has always reported to crypto friendly. Malta has been receiving companies related to the crypto market such as Binance and BitBay. The Prime Minister of Malta, Joseph Muscat, has been very favorable towards virtual currencies and blockchain technology and has pushed for friendly legislation in the country.
The Silicon valley is the capital of giants company like Google, Apple, Facebook.
Coinbase, headquartered in San Francisco, has become one of the biggest companies of the moment, allowing users to buy and sell bitcoins.
The city is one of the most crypto and Bitcoin friendly cities in Europe. Amsterdam have also an important number of crypto start ups. The city is famous for Bitcoin Embassy,The Bitcoin Embassy Amsterdam is a location where the community and all the crypto enthusiasts can meet and organize a variety of events and projects.
A major European and international city for cryptocurrencies, the Czech capital has 150 places (restaurants,bar,hotels) where Bitcoin is accepted as a method of payment.Many of blockchain companies operate in the Czech Republic like Adelphoi.io ,fintech startups SDK finance, Cashila, finGOOD.
ICO (Initial Coin Offering) is a common choice of fundraising for cryptocurrency startups. This involves the company putting a part of its future crypto tokens on sale in exchange for initial funds. This is beneficial both for the company and for the token buyers.
The ICO gives a startup a perfect and affordable way to raise money to carry their project requirements, while at the same time, strategic investors get an opportunity to invest in a market where a high return on investment is almost guaranteed. Or is it?
In the past few years, crypto startups have managed to raise funds in billions of dollars and presently, it is being considered the most effective way to raise money for a new company.
However, not all ICOs are alike and not all ICOs can guarantee you an assured return on your investment. Therefore, it is important to choose and invest in a good ICO.
Here are a few tips for Investing In ICOs. You will also find here some reasons why you should consider investing in an ICO?
Know that you are not actually investing in a cryptocurrency, since the currency has probably not been launched yet, but in the idea behind that currency. So, the first thing you need to do is try to figure out whether the idea is worth your money.
Does the company/idea provide a Blockchain based solution to a problem which cannot be solved otherwise? If not, then the public would probably not be eager to adopt it.
Does a similar solution already exist? If yes, then why would someone be looking for the same product unless it has something unique to offer?
You can tell a lot about a company or business just by looking at its website. The level of professionalism on the website, including the availability of proper and right information, is crucial. Look for the following things on the website of the ICO in which you are considering to invest.
The White Paper – a white paper detailing the layout of the project including all the information, proposal, idea, target market, etc.
The roadmap – If they are serious about the project, they must definitely have a project roadmap (timeline).
The team – a reliable company will always show the team behind the project to increase the user trust.
Website appearance – A company that desires to raise money from investors must be ready to invest in its own website. If they don’t, they are probably not serious about the project.
It is also important to check whether the company has any experience in the particular industry as well in general business market. Make sure that the team members are experienced and qualified in their specific areas. Whether the company has previously managed any multi million dollar business or any projects of the same measure. Who are the advisers, legal team members and investors of the company and so on.
You cannot be too cautious when it comes to finding the right ICO to invest in. Cryptocurrency may be one of the fastest rising markets on the internet, but it is also very much vulnerable to fraud. Be alert and take better decisions to find the perfect place for your investments.
Let’s talk about how coin and token sales process work in an ICO or ITO project.
ICO sale process allows users to make payments in cryptocurrencies like BTC, ETH and token and Fiat currencies like the dollar. The users will be able to manage and trade their coins and tokens through the wallet itself.
This blog aims to explain to interested and future investors about the ICO and ITO Sales Procedure.
You must be a verified ICO project user to be able to purchase All tokens and coins during the ICO sales.
Non registered users must sign up at ICO project to get access to the ICO participation link which will be distributed only to registered user accounts. Upon following the participation link, the ICO Terms & Conditions should be accepted. Thereafter, the user will be redirected to the ICO participants personal account.
Registered users must visit the ICO project website and login to their accounts using their user id & password. After accepting the ICO Terms & Conditions, registered user will be directed to the ICO participants personal account page.
Users who are already logged in to ICO project should follow the onscreen instructions in their ICO project account and accept the ICO Terms & Conditions. Users will then be directed to the ICO participants personal account page.
Each token or coin will be sold for ETH or BTC. There may be other payment sources as the accepted payment method.
All tokens and coins will be available for purchase through the ICO participant’s personal account. In order to buy tokens, the user will have to send funds to the addresses and QR codes of ICO project Ethereum or BTC wallets mentioned on the page. Information on the total amount of tokens purchased, the ICO schedule, token cap, and the percentage of the total amount of tokens sold will also be available in the ICO participants personal account.
The details of the transfer will become available in the user’s purchase order list in the ICO participant’s personal account after the transaction confirmation is received.
Transaction details will contain the confirmation time, transaction amount, the number of tokens received, and the number of bonus tokens depending on the ICO phase during which the purchase is made.
Tokens will be delivered to the user’s specified wallet after the payment is confirmed. The ICO project team will make their best effort to promptly summarize and reconcile all the necessary statistics that will be needed for the appropriate token delivery to all ICO participants.
All tokens and coins will trade under the ticker symbol token and will be listed on major exchanges shortly after the ICO. In order to increase liquidity, our Management team will do its best to ensure that token or coin is listed on all reputed digital currency exchanges prior to the token sale event. There is, however, no guarantee that this will occur as it is beyond the authority and control of ICO project’s management team.
In conclusion, we must agree that cryptocurrency is the fastest rising market in the history of the internet and digital finance. Investment returns can be beyond comprehension. However, this comes coupled with an equal probability fraudulent traps and deceptive offers. Be alert and make wiser decisions to find the perfect options for your investments. Visit the ICO project website to know more about the ICO and the reasons why you should invest in it.
An ICO (Initial Coin Offering) is a public sale campaign run by a new cryptocurrency startup that wants to raise funds to continue the project.
It is similar to an IPO (Initial Public Offering) where a company offers a part of its shares to early investors. However, there are many differences between the two. If you are looking for the right ICO to invest in 2019, you can find some tips here.
Whether you are investing in an ICO, an IPO or in the stock market, you actually invest in the company’s trust and reputation and not in its shares. So, research about the company first before making any investment.
Here are some things to look for while investing in an ICO
Backed by a team of highly experienced, qualified and somewhat famous people and businessmen.
When it comes to the top ICOs in 2019, KahnChat ICO is far ahead in the race. Continue reading to find out more about this particular crypto project and the reasons you should invest in it.
The KahnChat ICO sales are being held in a bid to raise money to fund their cryptocurrency project. The project doesn’t just include a crypto coin, but a complete social and mobile payment platform through which users will be able to engage in social networking and can also make payments for services and orders through a simple mobile application. Here’s how it works.
The KahnChat app is scheduled to launch in the third quarter of 2018. It is a social networking app which also integrates a mobile payment system which will allow users to transfer money and make payments for orders with online and offline merchants. This is kind of a unique combination of two of the most important mobile features – social networking and mobile payment system.
The social networking part of the app works more or less like other popular social media apps such as Facebook and Google Plus, where you can share images, text, etc, on your user profile, send messages text, photos, audio/video, and audio/video/text chat with other users. Not only that, the integration of a digital wallet also makes it possible for users to perform tasks like pay bills, make payments and send money.
The company will launch a crypto token, called KCH token, backed by its powerful app. The people who invest in the token/ICO will actually be investing in the app, and the revenue generating from the app will help strengthen the coin value and increase the returns for investors.
Here are some other reasons why KahnChat ICO is the best ICO to invest in 2019.
Imagine a social networking app where you can not only chat and socialize with people but also you can send money, make transfers and even pay for your purchases, and not just with Fiat currency but also with cryptocurrency. How cool is that!
The KahnChat social networking and mobile payment app has all the features mentioned above and then some more. There is a separate digital wallet where users can manage their KCH tokens and use them for trading on stock exchanges and to buy things online/offline.
The company plans to generate its revenue from mobile payments. Mobile payments is a rapidly growing industry, especially in the UK and the US. Both online and card-based mobile payments amount to billions in revenue for the industry leaders. Those, who are already involved in this sector, are earning huge sum from their mobile investments.
The KahnChat’s mobile payment target is 1% of the market share which is more than sufficient to produce a huge return to each of the ICO investors.
So, the reason you should consider investing in the KahnChat ICO is that it is based on a practical and futuristic concept and will surely grow up.
Furthermore, the company is also giving attractive bonuses (up to 50%) to their early sale buyers. The earlier and the more you buy in the sale, the higher will be your profits.
The key to choosing a great ICO for your next investment is – gather as much information as possible about the company and the project, write down the important aspects, compare the positive and negative, and make a thoughtful decision.