An Initial Coin offering is a way of company or organization to collect funds need for their blockchain project. They have done this by selling coins or tokens from their blockchain. With too many ICO coming it is hard for a new or unknown company or organization to launch an ICO. Compliance to the law is another problem with launching an ICO might cause some legal problem, to attract real investor ICO organizers must ensure compliance with the law is obtained because of this consulting a lawyer for legal requirements are required. But probably the hardest part of launching an ICO is advertising it with a low budget and lack experience of starters just the idea of marketing it is almost impossible. After a successful ICO project founders must find a way to list their coin in exchanges or all investors’ money will be gone for nothing and listing coin from reputable exchange is tough not only it need fee’s some exchanges check coin reputation and if the developer of the coin is unknown chances of getting on some particular exchange is slim.
Knowing the problem of launching an ICO I found a project that will help ICO starters to solve their problem. Introducing CoinFast “world’s first decentralized ICO platform”. CoinFast is an all in one solution for an organization looking to do an Initial Coin Offering. CoinFast will solve current ICO startup so ICO founders will just focus on developing their project and not worrying about anything else.
Startup problems that CoinFast will solve.
