Why Consultancy is Important for any ICO
ICO is the modern or present-day tool for raising funds for new journeys, ventures and startups, ICOs or we can even say Initial Coin Offerings have been extremely famous in the last couple of years financing the astonishing project.
The role of ICO Consultant or different Consultancies is very important in Launch of a Successful ICO; they offer strategic consulting services for startups looking to raise capital through ICO. It is a package which includes consulting, community management and marketing. They are uniquely positioned to help the ICO entrepreneur in launching their business successfully, but more importantly, ensure adequate business planning.
A good consultancy will assist you in launching your ICO in a no. Of
ways, let’s discuss them one by one:
ICO Marketing: A perfect
Consultancy offers ICO marketing services that generate the traffic, leads and
ultimately capital into your token raise. From ICO Public Relations to the
bounty campaign, the consultancy will tailor your messaging and make ensure
maximum exposure to your ICO through a wide network of news platforms.
- ICO Technical: Putting a great idea into practice takes the right set of skills. A good consultancy’s technical team will have a good and complete command of blockchain node creation, proficient in Python, C++, Go, Java and others. They will create and even manage your user wallets for your crowd sale, and assist you in incorporating metadata and external references.
Legal: ICOs generally face serious requirements
with Anti-Money Laundering and Know Your Customer [KYC] regulations. These
rules are put in place to protect consumers and businesses alike. Your ICO will
require to carefully support these workflows to make sure that you protect both
yourself and your contributors.
Financial: Having difficulties
determining the initial value of your token? The answer is book-building and
book-running. Through a consultancy’s network of net worth investors, they can
analyze the value of your ICO, determine the token strategy and even assist in
creating an off-market book that will offer confidence to your ICO
- Post ICO Support: Trust is built on Integrity. A good Consultancy will have a team of experienced financial professionals who can, audit and even build reports for your financial data. Once your ICO is complete it is critical to maintaining customer trust, and their system ensures this is achieved.