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  1. In this crypto world, there are many crowdfunding methods such as ICO, IEO, and STO. Among them, ICO is the most successful crowdfunding method for fundraising. If you are creating a utility token on any existing blockchain, then you can raise funds through ICO. ICO is an excellent crypto crowdfunding strategy that is preferred by crypto startups in the market right now. There are many benefits for startups to raise funds. Let's see that, ICO is a way to raise a large number of funds in a short period of time and it gives immense benefits to your business. They are… High potential and High ROI- ICOs are high-reward assets. It supports many users who can be involved in ICO crowdfunding. Besides, it is very helpful for startups to generate more profits in the crypto business. Lack of intermediaries- Tokens means instant custody, not requiring the role played by intermediaries. Elimination of financial intermediaries automatically minimizes the cost of funding and also the funding speed. There’s also less government control compared to traditional financing methods. High liquidity- High liquidity refers to an asset’s ability to be quickly bought or sold in the market without significantly affecting its importance. ICOs are advantageous because early contributors have more liquidity in the early-stage business. Decentralization - A distributed ledger lets all investors know about the ICO process daily, as the status of an ICO at each time is written on the Blockchain. This decentralization concept prevents issuers’ fraudulence over investors through ICO. Convenient for start-ups- The main benefit of an Initial Coin Offering (ICO) is that it provides access to a range of people, including businesses. Contrary to usual funding setups, there are no deadlines and contributors can invest whenever they choose. Anyone can start investing early if they so choose to increase their value over time, ICOs are a good option for them. These factors clearly show that ICO crowdfunding is one of the smart choices to raise funds for your business growth. Launching a crypto token and raising funds through Initial Coin Offerings is one of the right options to enter the crypto market quickly. All you need to do is hire a pool of skilled blockchain developers from a trustworthy ICO Development Company that gives a fruitful solution in the blockchain industry.
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