Why is ICO the ultimate goal of every Cryptocurrency?

What is an ICO?

Why is ICO the ultimate goal for every Cryptocurrency?

  • Initial Coin Offering as the name suggests, helps Cryptocurrency in growing the awareness and exposure of the target market for its coin. According to research by statista.com, out of a survey done on 4000 people, only 6% of people in the US and 7% in China are familiar with cryptocurrency and an ICO to international exchanges like Binance or Coinbase would enable you to increase this market and penetrate to everyone who literally has a smartphone globally.
  • As a study done by statista, there are more than 4501 coins in the market so going on ICO to the exchange means you have access to real-time market data and statistics that can be valuable to the company to track the performance of the coin in the market and possibly compare its performance with its competitors.
  • As every cryptocurrency aims to be a payment system, an ICO to an exchange made the distribution of these coins a lot easier as people can directly buy and sell your coin from their smartphone in times of need.

Why is it beneficial for you?

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NAGAYA (NGY) is a Gold-Backed Cryptocurrency with Subsidiary Projects. We aim to build Trust and Value through LEGALITY and TRANSPARENCY. https://nagaya.co/

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Nagaya Technologies

Nagaya Technologies

NAGAYA (NGY) is a Gold-Backed Cryptocurrency with Subsidiary Projects. We aim to build Trust and Value through LEGALITY and TRANSPARENCY. https://nagaya.co/

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