Following a temporary slowdown, the ICO markets have begun to bloom once more, with moderate but steady growth. However, not all ICOs that are launched see the light of day and wind up being a failure. As we saw in our last article on ICOs, while ICOs save a lot of paperwork and are quick resources for financing, there are numerous steps of the ICO launch and development process that must be completed before the ICO can ultimately see the light of day and be launched successfully.

In this post, we will discuss the many steps of the ICO launch and development process, as well as how an ICO launch and ICO development company can assist agencies in navigating the arduous process easily.

Step-by-Step – ICO Development Guide 

Any firm that launches an ICO hopes for a successful ICO launch and development phase. This may be accomplished by careful preparation and implementation of the methods outlined below.

ICO development company offers entire ICO launch and development services such as ICO ideation, token model assessment, whitepaper reports, and Pre and Post ICO services.

Any company that launches an ICO hopes for a successful ICO launch and development phase. This may be accomplished by careful preparation and implementation of the methods outlined below.

The following is a step-by-step guide to the ICO launch and development process.

ICO Planning & Analysis

When a firm intends to launch an ICO, the business strategy must be thoroughly evaluated and researched. Market specialists study and scrutinize the idea’s viability and practicality in order to determine whether it has the potential to attract investors. Before launching and developing an ICO, it is critical to consider the possibilities of integrating the company concept onto Blockchain. Along with Blockchain, various other technological considerations and needs must be considered. The ICO launching or development business then promotes the proposal to the market through numerous venues in order to gauge investor interest in the project. The ICO concept is reworked and re-generated in response to constructive and critical input.

Whitepaper Report Development

The preparation of Whitepaper reports follows the initial ICO ideation phase. Writing an authentic and successful whitepaper is a critical stage in the ICO launch and development process. The legitimacy of the whitepaper — which provides comprehensive information about the business strategy, factual facts about current investors, a clear presentation of cash earned and anticipated expenditures, and so on — is the cornerstone of every ICO launch. As a result, choosing an experienced ICO development business that not only provides valuable tactics but also assists in the construction of whitepaper reports is a fantastic alternative.

ICO Website Designing

Designing a user-friendly, easy-to-navigate ICO launch website is also an important effort. A website that provides useful and persuasive information quickly gets the attention of investors and draws them to the ICO. Hire a web development business that specializes in UX/UI design to create a fascinating and engaging ICO launch and development website.

Pre-ICO Marketing Services

As vital as ICO development is, it is critical to market and publicize it on appropriate and relevant platforms. A good-looking, functional ICO website is rendered ineffective if people are unaware of it. Marketing the ICO launch website using online digital channels like Telegram, LinkedIn, and YouTube, among others, is critical to the ICO launch and development process.

ICO Token Development

While ICO applications and ICO coins may be developed on any Blockchain platform, Ethereum app development appears to be the ideal contender for ICO launch and development. Many organizations prefer to launch their ICOs on Ethereum due to its smart contracts and ERC-20 token features. Ethereum not only permits the development of dApps on its platform but also the generation of ICO tokens or ICO coins. It is also feasible to create ICO coins on Hyperledger Fabric using smart contracts and FabToken.

Smart Contract Development

To implement complicated business logic for ICO tokens, any dApp for ICO launch and development will necessitate the use of smart contracts. Blockchain ensures dependability and transparency through the implementation of smart contracts for automation.

Cryptocurrency Wallet Development

Of course, investing in an ICO necessitates a significant amount of bitcoin exchange. A cryptocurrency wallet is required to record the transactions of sending, receiving, and storing ICO tokens or ICO coins. Hire a cryptocurrency wallet developer from a cryptocurrency wallet development firm that specializes in the creation of cryptocurrency wallets.

Services provided after the ICO

After the ICO launch and development process is done, the ICO token sale and exchange are launched. Investors may exchange their fiat cash for ICO tokens or ICO coins.

Platforms for Cryptocurrency Exchange

Listing the ICO tokens or ICO coins on numerous cryptocurrency exchange platforms as part of the marketing and advertising to enable trading is also an essential aspect of the ICO launch and development.