Post
Topic
Board Altcoin Discussion
Re: Does a Successful ICO Really Require $$$$
by
Parodium
on 26/09/2018, 09:43:26 UTC
Can I crypto company be successful with a min budget during the ICO? For example, can a startup not have funding and successful launch an ICO to include whitepaper, landing page, smart contract if they are knowledgeable? Or is a lot of $$$$$$$ required for everything. I for one thing that the idea and vision is what sells. Especially if the person is transaparent and people buy in the vision. I think word of mouth will travel and people will buy in.

A successful ICO will need huge amount of money to do the marketing promotion.  A good marketing can make the coin / token price rise far because it will create awareness to all peoples, and attracting them to contribute in the ICO. Even ICO without products can have a good token price if the strategy running very good.
Bounty programs=marketing promotions

Incorrect, bounty programs are a small fraction of a full marketing effort, if you rely on a bounty programme to market your ICO, then your ICO will almost certainly fail. Show me a successful project from the last 4 months that relied solely on a bounty programme for marketing and succeeded.