Post
Topic
Board Altcoin Discussion
Re: Is it normal to build a crypto currency without ICO
by
Asoss.io
on 28/01/2018, 16:07:27 UTC
Me and my team building a new Altcoin. The first Egyptian altcoin. So we didn't want to start it with an ICO. Is it normal to start a coin without an ico and if yes what is the effect of that

Sure,but how you gonna sell your tokens without ICO,no one will buy it when you directly listed it into exchanges.So you need to do ICO if you want to bring investors to your coins or your coins will become worthless without any demand.
It doesn't sound like a good argument to me. People made coins before icos appeared and they didn't have problems with making them listed on the exchanges and other things. Moreover, as a lot of people don't trust icos, I think it could be very good if this altcoin had it emphasized that it won't be an ICO.
I guess people release coins with ico to gather money on crowdfunding this way. If there are sufficient funds then there's no need in that.
Airdrop might be a good idea to draw attention to the project, but it's not like it's a necessary one. I think dealing with exchanges and making the coin appear in various news would be enough.
Assoss.io, will the coin be premined anyway? If not then it should also be emphasized, since it is considered to mean the coin can be trusted as well.
I can't start ICO "Crowdsale-Presale" As being a Egyptian citizen there is some chains upon me because the goverment is banning all the cryptocurrency so i cant hold any one fund or money  i want to achieve my goal with all of my investment so i will hid to airdrop i dont want to be listed as scam coin... our project have a higher target