Cryptocurrency Q&A
How do founders make money from ICO?
How do founders make money from ICO?
alexander_smith_musician
Sun Jul 21 2024
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6 answers
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I'm curious to understand the mechanisms behind how founders actually make money from Initial Coin Offerings (ICOs). Could you elaborate on the various ways in which they capitalize on these fundraising events? Are there upfront fees or commissions? Do they profit primarily through the appreciation of their own tokens? Are there other avenues of revenue generation that founders typically explore with ICOs? Additionally, is there a standard percentage of profits founders tend to retain, or does it vary widely based on the specific project and its needs?
6 answers
HallyuHeroLegendaryStarShine
Tue Jul 23 2024
These coins are often sold in exchange for other cryptocurrencies like Bitcoin or Ethereum.
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SamuraiHonor
Tue Jul 23 2024
Cryptocurrency Initial Coin Offerings (ICOs) serve as a unique funding mechanism for crypto projects.
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CryptoPioneer
Tue Jul 23 2024
Through ICOs, project founders and teams have the opportunity to raise capital by offering coins or tokens to the general public.
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BonsaiLife
Mon Jul 22 2024
Investors who participate in an ICO receive the project's coins, which hold the potential to significantly increase in value over time.
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Silvia
Mon Jul 22 2024
The increase in value is contingent on the success of the project, its market adoption, and the overall growth of the cryptocurrency ecosystem.
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