ICO Development

Pros & Cons

This opens a whole new world of possibilities, but it’s also important to evaluate if ICOs are the best choice for your project.

So, here are the Pros & Cons of ICO Development.


Quick & Easy Fundraising:

ICOs are a quick way to raise funds for your projects. Most of the time, all you need is a good White Paper.Project ownership: The investors invest in your project “idea,” not the project itself. So, you can raise funds while keeping the ownership rights to your projects.

Easy Settlements:

Since everything is done over blockchain, payments and investments are quicker and safer than conventional money transactions.


Although the value of tokens are volatile, popular tokens have the potential to generate high liquidity, making millions in 24 hours.Democratizing Investments: Venture investments have been concentrated in the big cities for a long time, ICOs allow anyone to invest and fundraise, regardless of where you are.

Online Marketing:

You can showcase and promote your project to a massive audience using websites, forums, groups, etc.


High Volatility:

ICOs generate high liquidity, but early liquidity can cause token value to be highly volatile. Legality: Being a decentralized market, ICOs have no regulatory authority. The legality of ICOs may depend on the regulations of your country or area.

Uncertain Token Valuation:

Investors buy tokens based on expected resale profits, not the underlying economic utility.

Money Laundering:

There is a concern that ICOs could be used to launder money, especially by criminal organizations. This is why it’s always important to employ KYC verifications.Lack of Due Diligence: Investors make their investments based on the White Paper. ICOs may have technological issues or might just be unsuccessful due to sloppy work.


Some people (Whales) buy a whole lot of tokens early on, which means that a large number of tokens are in the same place, affecting the liquidity.

Thanks You For Reading

Looking start an ICO campaign? Congratulations, ICOs are a great fundraising method for crypto start-ups and the possibilities are limitless. But there are certain things you need to consider before embarking on this journey. So, we’ve listed some general things you need to think about before deciding whether the ICO route is the best one for your innovative project.

This is BlockchainX, and here is everything you need to know.




BlockchainX is the leading Blockchain Development Company have a team of expert Blockchain developers who all have tremendous knowledge in in Solidity.

Love podcasts or audiobooks? Learn on the go with our new app.

Chain Games First 40 Days Recap: A Message from the CEO

Alexander Borodich: city digital infrastructure

Decentralization 2.0

Launch of Single-Sided Staking for $FLUX

6 Elementary Steps for Building Blockchain Empowered Digital Solutions

Introducing Screena

Ides of March: Cloud City Metaverse Month Review

Zrocor, a Blockchain-based Business Consultant Platform

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


BlockchainX is the leading Blockchain Development Company have a team of expert Blockchain developers who all have tremendous knowledge in in Solidity.

More from Medium

Finally! A “physical” expo for crypto!

Crypto Expo Dubai 2022 (source: cointelegraph.com)

7 Reasons why have we undertaken the Pledge Utility Coin project.

Listing Alert: BEND