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Guide To ICOs | platinum Crypto Academy

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ICO is essentially a type of investment that provides investors with cryptocurrencies, in return for investing their money into the company, unlike securities that are issued in the case of the IPO. – PowerPoint PPT presentation

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Title: Guide To ICOs | platinum Crypto Academy


1
CRYPTOCURRENCY
  • Guide To ICOs And What To Look For!

2
A COMPREHENSIVE GUIDE TO INITIAL COIN OFFERING
(ICOS)
  • Initial Coin Offering, also referred to as ICOs
    have taken centre stage ever since the launch of
    the concept. Such is the popularity of ICOs that
    start-ups are now using it for raising capital,
    instead of resorting to other methods like
    crowdfunding, IPO (Initial Public Offering) or
    seeking the help of VCs (Venture Capitalists).
    Read on to find out more about ICOs and the way
    they work.

3
ICOS EXPLAINED
  • Cryptocurrencies have taken the global financial
    market by storm. In fact, organizations have
    successfully raised millions of dollars through
    ICOs and Cryptocurrencies. It must be noted that
    the first Initial Coin Offering was announced in
    2013 by Mastercoin. The company raised funds
    close to 600,000 U.S. dollars for creating an
    exchange for Bitcoin and related transactions.

4
WHAT IS AN ICO?
  • what is an ICO? Put simply, an ICO is much
    similar to an IPO or Initial Public Offering and
    is designed for raising capital. ICO is
    essentially a type of investment that provides
    investors with cryptocurrencies, in return for
    investing their money into the company, unlike
    securities that are issued in the case of the IPO.

5
HOW ICOS WORK?
  • A start-up basically announces the ICO by setting
    up a blockchain, as well as the rules and the
    protocols. After this, the creator needs to
    initiate the mining process for coins that would
    be sold at the time of the announcement of the
    ICO.
  • This is done with the help of popular social
    media websites as well as other
    cryptocurrency-based websites, which further
    allows the company to effectively market their
    ICO as well as attracting large numbers of
    investors.
  • Apart from creating hype on the internet and
    social media sites, the creators also look
    forward to generating enough interest for pushing
    the prices of their ICO further.

6
STEPS TO CONSIDER WHEN LOOKING FOR AN ICO
  • Step 1 Research which are the up and coming ICO
    offerings
  • Knowing which ICOs are about the be released or
    ones that are coming in the near future is
    crucial to your preparation.
  • There are some very useful sites and resources
    available like
  • Top ICO List
  • ICO Watchlist
  • Cryptonaire Weekly (Our Weekly Trading Magazine
    -Sign up for free)
  • A whitelist ICO means that you have to register
    in advance to participate in the ICOs, which are
    usually hallmarks of popular ICOs that have a
    limited number of coins to offer.
  • Step 2 Check The Project Out Fundamentally
  • Investing and buying into ICOs is like anything
    in life, you need to perform certain checks
    before you consider being part of a particular
    ICO opportunity. You can speak with a trader
    today to discuss our methodology. However here
    are some quick tips to consider
  • Check the project out.What does it offer and how
    does it benefit the world or their audience?
  • Explore the team, the setup, public visibility,
    their communication with the community, and the
    access to their team through telegram or direct
    phone calls. You will be surprised how many ICOs
    do give out easy-to-obtain contact details.
  • There are also more and more sites popping up
    that give their verdict on ICOs which are worth
    checking out or using as a resource.However, I
    would always suggest taking the time to do your
    own research into the project.

7
STEPS TO CONSIDER WHEN LOOKING FOR AN ICO
  • Step 3 Process of joining an ICO
  • After completing your research and determining
    you wish to proceed with participating in the
    ICO, then you should open a fiat-accepting
    cryptocurrency exchange account to convert your
    domestic fiat currency into the popular
    cryptocurrency, Bitcoin (BTC) or Ethereum (ETH).
  • Most ICOsaccept either BTC or ETH, some accept
    other coins but you will then need to follow the
    ICOs particular instructions to complete the
    exchange. Having received your tokens, you will
    also need to consider storage. There are several
    offline storage devices, Nano S and Trezor which
    you can use, or you can set up an online wallet
    using appropriate sites like MyEtherWallet.
  • Step 4 Taking profits
  • There are several strategies which the Platinum
    Crypto Academy provides as part of our Masters
    and Cryptonaire, depending on your personal
    goals.
  • You can focus on short/medium/long-term
    strategies so once the coin is listed on the
    exchanges you can either wait to hit your price
    target, or judge accordingly when to cash out on
    the exchanges.

8
Thank you.
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