Best blockchain ICO news and advices by Gary Baiton

Top blockchain ICO news and tips from Gary Baiton? While ICOs can offer an easy funding mechanism and an innovative approach for startups to raise money, buyers can also benefit from both access to the service that the token confers as well as a rise in the token’s price if the platform is successful (big IF!) These gains can be realized by selling the tokens on an exchange once they’re listed. Or, buyers can double down on the project by purchasing more tokens once they hit the market. Discover even more info on Gary Baiton.

IPOs are highly regulated and scrutinized by government organizations such as the SEC, while ICOs are largely unregulated. Although IPOs are funded by generally more conservative investors anticipating a financial return, ICOs may receive funding from risk-tolerant supporters keen to invest in a new, exciting project. An ICO differs from a crowdfunding event because it offers the possibility of financial gain over time, whereas crowdfunding initiatives receive donations. ICOs are also referred to as “crowdsales.”

Review the project’s white paper and roadmap to see how the intended product or service will work, including when certain features will launch. Check to see if any computer code has been audited by a third party. This will be a good indication that a project is serious about its security. Look for typos on the website – this is usually an early red flag that a website has been made quickly with little thought, and could point to it being a scam. Tokens, especially those that have had successful sales, are usually listed on crypto exchanges. Once listed, new investors who missed out on the token offering have an opportunity to purchase the coins. If a project has marketed itself well, there can be significant demand for its token post-ICO.

There is no guarantee that an investor won’t be on the losing end of a scam when investing in an ICO. To help avoid ICO scams, you can: Make sure that project developers can clearly define what their goals are. Successful ICOs typically have straightforward, understandable white papers with clear, concise goals. Look for transparency. Investors should expect 100% transparency from a company launching an ICO. Review the ICO’s legal terms and conditions. Because traditional regulators generally do not oversee this space, an investor is responsible for ensuring that an ICO is legitimate. Ensure that ICO funds are stored in an escrow wallet. This type of wallet requires multiple access keys, which provides useful protection against scams.

There are many blockchain affiliate programs that pay you for referring new users to their platform. Affiliate programs are free to join. once you create an account, you’ll be given a special unique link. You can start sharing the link however you‘d like on social media, websites, blog, and forums. Whenever a person signs up or makes a purchase using your link, you will receive a commission. The biggest advantage is that it’s quick to start and begin earning money. Plus, money would keep coming in days, weeks and months, even years after you put in all that effort. If you already run a blog or website or have a huge following on social media, affiliate programs can be a great way to make some good passive income!

How an Initial Coin Offering (ICO) Works: When a cryptocurrency project wants to raise money through ICO, the project organizers’ first step is determining how they will structure the coin. ICOs can be structured in a few different ways, including: Static supply and static price: A company can set a specific funding goal or limit, which means that each token sold in the ICO has a preset price, and the total token supply is fixed. Static supply and dynamic price: An ICO can have a static supply of tokens and a dynamic funding goal—this means that the amount of funds received in the ICO determines the overall price per token. Dynamic supply and static price: Some ICOs have a dynamic token supply but a static price, meaning that the amount of funding received determines the supply. Discover extra info on Gary Baiton.