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
Nice promotion. Starting a coin without an ICO is like trying to run with one leg and a stone on your head. ICOs will not only provide funding, but will also, if properly done, create a community around the coin giving the adoption.
airdrops create better and stronger community , look at ebitcoin and rebellious. They were both airdropped fairly and are only at the starting stages still.