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ICOs : past, present and future


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This presentation briefs the history, present, and future of ICOs. Different type of ICOs and different types of crypto tokens used in ICOs. Moreover, it also says about how to do an ICO and how the ICOs are expected to change in the future.

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ICOs : past, present and future

  1. 1. Initial coin offerings (ICO) Past, present and the future
  2. 2. CEO & Co-founder Accubits technologies AI & Blockchain focused development company 6 countries so far, with 150+ team members ICO token issuance platform 14 ICOs and $146 mil raised so far ICO ADVISOR "Top entrepreneurs to look for in 2018"
  3. 3. What is an ICO?
  4. 4. A brief history of ICOs July 2013 : Mastercoin ICO - meta protocol layer built on top bitcoin to provide functionalities which bitcoin could not provide back then. System & concept architected by JR Willett, Founder and chief architect of Omni foundation. 2014 : Ethereum - Raised 3,700 BTC in the first 12 hours. THE REST IS HISTORY
  5. 5. Current scenario 2016 64 ICOs $103 Ml 2017 514 ICOS $6890 Ml 2018 285 ICOS 7401 Ml ….. And counting !
  6. 6. ICO vs VC Aung Kyaw MoeJun Hasegawa
  7. 7. "ICOs delivered at least 3.5x more capital to blockchain startups than VC since 2017"
  8. 8. So, what exactly is a crypto token? Crypto tokens represent a particular fungible and tradable asset or a utility that is often found on a blockchain. UTILITY TOKEN SECURITY TOKEN They serve as a (future) access to a product or service and can be best compared to a gift card or software license. If the tokens are purchased with the sole objective of receiving dividends/profits in the future
  9. 9. Types of token sale models Capped ICO Uncapped ICO Capped ICOs will have a set cap limit on how capital they can raise. Excess money is usually returned in this case. There is not a set cap for the amount of money they can raise out of the ICO.
  10. 10. How to do an ICO? 1. Decide if an ICO is suitable for your business? 2. Advisor reach out and onboarding 3. Get legal opinion 4. Create a light paper/whitepaper/deck for your ICO 5. Private sale or an angel investment to develop the MVP 6. Create the product 7. Create a token 8. Create community and buzz 9. Getting your token out on an exchange
  11. 11. The Future 1. Milestone based ICOs 2. Post-ICO investor engagement platform 3. KPI analysis and success forecasting 4. Self policing communities 1. Control back to the community 2. More regulated ICOs 3. Few unicorn companies from the space 4. Delisting of weak and fake tokens from exchanges