Nimbus Token Why you Should Invest in ICOs
ICOs are basically, in laymans, terms investors that operate in groups. Anyone can join and invest in ICO. All the workings of an ICO are conducted online. The idea of an ICO originated from the way an IPO (Initial Public Offering) functions. The concept of an IPO was basically put in a blockchain based environment. We have compiled a list of reasons why you should invest in ICO.
ICOs or Initial Coin Offerings is an unregulated system that raises funds for a new cryptocurrency venture. When the creator of a cryptocurrency wants to introduce the coin to the whole world they seek the help of ICOs to raise funds. While the proposal is under consideration, the supporters and enthusiasts of the cryptocurrency start-ups initiative have to buy some of the circulated crypto coins with virtual or fiat currency. Known as tokens, these are equivalent to the shares of a company or can provide utility on the platform. Once the plan becomes a success, investors hope the tokens may translate to a higher value than when it was purchased before its launch.
Reasons To Invest In ICOsICO is the place for sharing new ideas: You only have to look at the progress of Ethereum to decide to invest in an ICO. All the cryptocurrencies that have become popular today have had the backing of an ICO.
Community building: By investing in an ICO you will become a part of a community and you will also come to know about the forthcoming projects as soon as the intention is revealed. You will thus have the first opportunity to invest in.
Access to the tokens: By supporting the proposals at the early stage you will receive tokens that you can hold or trade. Some will earn the token holders profits.
ICO regulations: Many countries like South Korea have implemented regulations on the ICOs. It is a good thing as those who want to genuinely invest in ICOs will approach it. It will also ensure security as the fraud ones will be eliminated. In the future, investing in ICOs will thus become more and more secure.
Altcoin technologies are the future: Investing in the future is another reason why you should invest in ICO. If you want to be a part of the growth, leap into the future by supporting ICOs. The early adopters of Bitcoin, Ethereum and other major cryptocurrencies have already earned huge profits.
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