Hello every one, I am from India and I have a food delivery app up and running which covers 3 cities in National Capital Region(NCR) I have ~8000 installs already and served many customers already. I don't have a kitchen setup but have tie up with restaurants, I want to expand this business and looking forward to raise some money to spend on advertisements and perks to customers. Can I launch an ICO for this ?
The Website address is:
http://acchakhana.comand the app can be found on:
https://play.google.com/store/apps/details?id=com.accha.kkhanaAny inputs/guidance would be really appreciated
Before you run an ICO, you should first get familiar with ICO regularities/taxes in your country. But generally it is a good idea to combine solid offline business like yours with ICO. You seem to have also several users of your app.
The government keeps taking strange actions on crypto currencies over here but I still see people launching ICO every week with a grand press release etc.