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Showing posts from October, 2020

ICO Vs IEO: Everything you should know about them!

Fundraising for the projects has been the most essential thing done by startups and entrepreneurs. In particular, when it comes to cryptocurrency projects, it is important to go with a reliable method. In recent years, we can experience a boon and fall of Initial Coin Offerings, one of the popular fundraising strategy. For the years 2017 and 2018, they experienced a huge uprise by raising billion dollars in seconds. However, they weren’t successful in 2019. They produced a slow start and raised millions for the projects. As a few of them turned out to be a scam, most of the investors lost their interest in them. Meanwhile, yet another strategy called Initial Exchange Offering came into existence. This has become the most popular and hot talk of the town. Similar to ICOs, IEO’s are meant for the startups who are looking to raise funds for their projects. ICO Vs IEO: To understand the fundraising methods of ICO vs IEO Initial Coin Offerings: ICO is one of the ways to raise funds for the

Why should we invest in the Security Token Offering?

Crowdfunding is one of the reasons why there are great success stories behind many startups. This strategy has helped many startups and entrepreneurs to raise a million-dollar investment globally. Added, this has given the fighting chance for the projects which were struggling for years. According to a recent survey the average successful crowdfunding campaign is recorded to be $7000. Moreover, it takes about 11 days to prepare for a successful crowdfunding campaign. But in the year 2019, the average funding per campaign amount is $794. Now you will have a question: What is Crowdfunding?. Crowdfunding is the strategy leveraged by small and medium enterprises to raise their funds efficiently for their projects. Fundraising is actually done by a large set of people through the Internet. Here, the crowdfunding is done through platforms such as Kickstarter. Once the project gets enough funds, it will be transferred to the respective person. Moreover, there are a handful number of people wh