Post
Topic
Board Altcoin Discussion
Re: Will it be a good choice to launch an ICO for my already running app ?
by
VenturaBro
on 15/04/2018, 11:30:36 UTC
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.
You shouldn't if the government is keeping an eye to cryptocurrencies there but AFAIK there's no ban there so it's still good. At first, what's the reason and you came up to an idea that you should start an ICO? You are earning well with cash and do you think there will be people customers who are willing to take part of your tokens? I think if your business is running well, you don't have to run an ICO unless you are starting to become bankrupt and you have to upgrade.

I've read a few conflicting articles about the ICO ban on India. Some say it's banned, some say it's not.

But overall, I agree 100%. You should ask yourself 'why' first and figure out the point of the ICO.

I also agree but be sure to let us know if you do launch an ICO. Sounds interesting Smiley