Ninjastic
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Board Altcoin Discussion
Re: Will it be a good choice to launch an ICO for my already running app ?
by
Zocadas
on 14/04/2018, 22:02:02 UTC
Quote from: khanof89 on April 14, 2018, 09:25:18 PM
Quote from: Zocadas on April 14, 2018, 09:20:54 PM
Quote from: khanof89 on April 14, 2018, 09:10:32 PM
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.com
and the app can be found on: https://play.google.com/store/apps/details?id=com.accha.kkhana


Any 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.
Yes, but you should really get familiar with regulations and conditions for launching ICO in your country, to avoid unneeded trouble. But I wish you great success. I saw your app. It is not available in play store in my country, but screenshots are great.