Articles

ICO in India: The Fundraising Scope

by sara williams Tech Blogger

Cryptocurrency is a renowned byproduct of blockchain having personal necessary elements for investment. Initial Coin Offering better known as ICO, is the IPO of the cryptocurrency industry that enables the new Crypto services development companies to raise funds for their initiatives. 

ICO Can be referred to as a token either containing some utilities for using various products or services offered by companies or just represent a stake in a particular company or project. 


ICO is a well known method of fundraising implemented to offer cryptocurrency-related products and services. Several ICOs today have borne heavy profits to the investors while numerous others were fraudulent or have performed poorly. It is an Investor’s responsibility to be vigilant while researching the ICOs as most of them are unregulated.


Keeping at centre the Indian ICO investment, this article is solely dedicated to Indian fundraising of ICO and its future scope in the country.


A fundraiser picking up in India?

India being a tiny part of the global ICO fundraising is way far behind in the race. There are at most 30 - 40 teams in India pursuing. Since there is an absence of a regulatory structure for ICOs in India, all of these teams have opted for foreign jurisdictions and have raised most of the capital from foreign investors too.

The ICO market in India was at its peak a few months back, and was partly driven by the exceptional rise in the value of Bitcoin. However, the situation currently is a bit different which can prove out to be elongated, expensive and comparatively unproductive to generate capital from ICOs. As a result of this situation, a very few new Indian projects at present are currently able to raise a considerable amount of capitals through capital via ICOs.

Considering the slow rise in the trend of ICO numerous organizations have marked it as the best way to raise capital. Therefore realizing these investment opportunities Irrespective of the nature of the business, W3villa being an ICO Development Company implements most efficient methods to turn your business plan into reality. Our experts work round the clock to provide you with best in class ICO Solutions and yield best results for your company’s benefit.

 

Hello! I am Kashika, Content Writer at W3villa Technologies Pvt. Ltd. I have gone through various blog topics about ICO development and best ICO Solutions providing firms. It is only after gaining an idea about the right information to be delivered to the readers that I am here with this article. Hope you like it and find it helpful.



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About sara williams Junior   Tech Blogger

3 connections, 0 recommendations, 18 honor points.
Joined APSense since, November 10th, 2020, From noida, India.

Created on Dec 18th 2020 01:08. Viewed 276 times.

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