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
I have seen it quite a bit on huge projects recently. The first that comes to mind is Polymath. They did a massive airdrop to 40,000 people and that launched them into the market quite amazingly. REBL also did an airdrop only launch and they are doing pretty decently too. Poly sells for $1 right now and only launched 5 days ago. Just some things to consider.