Possibly the most interesting piece of the blockchain puzzle is how the blockchain technology can empower a completely new wave of entrepreneurs (engineers, designers, etc.) to build more quickly, more efficiently, and much prominent than ever before. The huge chance in blockchain is unique to our time, and surely in the next five years, we will notice a number of critical changes come from it. So here are amazing ideas to get you thinking about blockchain’s impact in 2018.
Despite the introduction of ICOs 5 years ago, fund raising using ICO didn’t gain traction until 2016.
Subsequently, 92 major ICOs raised over $1.25 billion in 2017.
A study by Statis Group, an ICO advisory firm shows that 80% of the token sales in 2017 were scams.
They don’t fall under the regulated securities trading space.
China, for example, banned Initial Coin Offerings in the country citing that scammers could use them to defraud investors.
So are regulators helping or hurting ICOs?
Facebook Removed Ban on Crypto and Blockchain Ads
After one year of restrictions, Facebook decided to remove the ban on cryptocurrency and blockchain based ads.
In January 2018 Facebook the social media firm has been decided that the ads involving blockchain technology, Educational information, industry news and event that are related to cryptocurrency have to take prior written approval before displaying add.
But On May 8, Facebook updated its advertisement policy and announce that the restrictions on cryptocurrency and blockchain related ads have been lifted.
However, it was also clear from Facebook that they will continue to ban ads on ICO (Initial Coin Offering) as well as ads from binary options due to the complexity and misleading to the peoples.
As it confirms by Facebook that they are committed to preventing misleading advertising on a Facebook platform especially in the area of financial products and services.
Initial Coin Offering (ICO) is the new trend in the world of the blockchain community: there are around 50 ICO launched monthly, as observed by the end of 2017.
So, if you have a project that can be worth millions, you need a website for ICO that will suit your ambitions perfectly.
An ICO landing page goes through three stages of its functioning: before the start of the ICO (there should be a countdown to the start of the sale), during (the progress and the amount already raised should be displayed) and after the ICO (you need to show the final results of the ICO).
Structure Is The Key To Usability
As a landing page represents one narrative, one story to be told to the potential investors, its sections should be theme-related and follow one another logically.
The landing page for an ICO should contain the following sections that serve different aims:
Put simply, a white paper provides a detailed description of a system architecture used in your project; the way it interacts with users.
Still, if you really believe you can do without a white paper, you run the risk of facing serious issues with performing standard ICO procedures.
As it was mentioned above, only a few potential investors will be ready to sink every cent in a business or coin offering lacking proper information on used technology and previous project members experience.
Both following your own way and answering tons of question provide you with a chance to gain useful experience and improve ability to understand project details better.
According to Andrew J. Chapin, an e-commerce and blockchain expert, the founder of Benja.co, and Ship Ninja projects, there’s a list of points common for all white papers.
All you need is a compromise: combine two options to get a catchy longread (academic research paper) full of comprehensively evaluated data (startup business plan).
