Part 4
SECTION A | ICO 101 | QUICK INTRODUCTION TO ICOs |
- Pros and cons of doing an ICO as a company
To get a good understanding of ICOs, it’s recommended to be aware of some of the advantages and disadvantages.
5 Advantages of doing an ICO as a company
The world is your investor. The range and geographic distribution of potential investors is enormous. Literally, a huge part of the entire globe is able to invest in the company (give or take some geographic restrictions). Wire transfers from all over the world can get you millions of dollars (in crypto) in minutes, without being frozen up by the banks;
Following from 1, the potential publicity for the company is humongous and again, worldwide;
You can raise funds fast and have it available quickly, making it easier to build traction for the company at an early stage;
No extensive disclosure requirements for the fundraiser (so far);
You can raise a lot of funds at an incredibly (likely even too, but what the heck) early stage of your company.
Read full guide: https://hackernoon.com/a-comprehensive-guide-to-icos-crypto-funding-the-rise-the-boom-the-bust-the-next-b159fdf38010
Flexe.io - full stack ICO and STO marketing 👉👉👉 https://flexe.io/?utm_source=steemit&utm_medium_posts