How do you know whether your company is a good candidate for ICO? This is one of the most fundamental questions in online investing that ICO Quiz seeks to answer. When you take the quiz, you’ll be able to answer a few questions to unlock whether an ICO could be a good fit for your company. Some of the aspects of online investing that ICO Quiz seeks to address include:
- Your knowledge of ICO
- Location of your business
- Investment level (pre-launch, pre-revenue, or revenue generating)
In addition, ICO Quiz further probes whether your company is built on the blockchain. It also focuses on the type of ICO that you would like to run (token sale, equity ICO, or Utility tokens). ICOs vary widely from one type to another. It is therefore important to discover the differences and seek legal advice before you launch a specific ICO.
ICO Quiz And CrowdInvest Summit
ICO Quiz works together with CrowdInvest Summit to help its members discover more about ICOs, IPOs, and online investments. CrowdInvest is the biggest conference and Expo in online investing.
ICO Quiz—What Investors Should Know
Initial coin offerings (ICOs) are on the rise regardless of the challenges they face from some regulators. Despite the rising popularity, some people still regard cryptocurrency investment as a big bubble that will soon fizzle out. However, even with that school of thought, the value of Bitcoin keeps soaring and today it’s close to the 10,000-dollar mark.
First off, if you’re going to invest in cryptocurrency, you need to understand the most important drivers of the market. To that end, you should find a promoter for your ICO. Secondly, you should identify who is going to buy into your ICO.
What Exactly Is An ICO?
An ICO (Initial Coin Offering) is not a new thing in the blockchain ecosystem. The program provides a suitable alternative to crowdfunding and has a potential to transform capitalization. In essence, an ICO is a way by which blockchain startups can generate money outside the conventional virtual currency world. In a way, it resembles an IPO except that it focuses on the initial stages of a blockchain project. ICOs use cryptocurrency or tokens to raise money instead of the universal flat currency.
Why ICOs Use Cryptocurrency Instead Of Flat Currency?
At the heart of any blockchain project is the cryptocurrency. Many companies like the idea of setting their own terms, which cryptocurrency seems to initiate. In simple terms, they allow the users of the network or the value creators to set their own terms. By doing that, every participant gets the incentive, especially those who have bought into the ICO early enough to boost its value.
In collaboration with CrowdInvest Summit, ICOQUIZ gives you the opportunity to learn more about online investing and the various aspects of ICOs. The good news is that when you book a CrowdInvest conference through ICOQuiz, you get a 20% off the regular tickets. Besides, ICOQUIZ is social media optimized and you can share your experiences through Whatsup, LinkedIn, Facebook, or Twitter.