ICO (Initial Coin Offerings)
An Initial Coin Offering (more commonly termed an ICO) is an effort by an organization or community to raise money to fund the creation of an entity for the purpose of manufacturing software, products or services to offer for sale to the public. This is a highly risky fiscal venture because the failure rate is very high due to lack of experience and / or inability to execute. This is not to say that investing in ICO’s is a bad thing since there are some very rewarding opportunities in the wild west that is blockchain. That said, get all the information you can on an opportunity before you invest and never invest more than you can afford to lose. Those are the two basic rules.
How can WhoTakesCoin help? We provide several services that can help you cut through the chatter.
First, check out our ICO listings available as part of our Blockchain Directory. These are self-entered ICO opportunities and we do not have control over these entries, nor do we endorse any of these entries. We are simply listing them as a service to the blockchain industry.
The second service we offer is an investigative summary of any ICO you would like us to look at closely. This is a paid service and is available upon request. Our directory is new, but our staff has been associated with Bitcoin and Blockchain since the beginning. With extensive blockchain and management experience, we know what to look for in determining who has a higher probability of success. From idea generation to execution and launch, we know who has the capacity to execute. Remember that our findings are fact or opinion based findings and are not a recommendation of investing in an ICO.
ICO Services – Are you thinking about an ICO? In the middle of a faltering ICO? Previously failed ICO? Let our team perform a three tier evaluation on your ICO. The first tier is a free evaluation of whether or not we think you have a viable product or approach. Unfortunately we cannot take everyone. The second tier is a marginal cost, 100-point checklist that we take your offering through to determine if it has the necessary components to be successful. You will get a copy of this report. The third tier is a no-holds barred, deep dive into your organization, team, offering and offer viability where we dig into a 360 view to determine your current viability and what adjustments you need to make to create maximum market interest. If you would like more information, please contact us to learn more.
Coin (aka Alt Coin, Blockchain Coin, Crypto, Cryptocurrency, Digital Currency or Virtual Coin) is what we do at WhoTakesCoin. It is our life and it is our passion.
We are a Blockchain Directory, but we are also a whole lot more. Our primary goal is to do everything we can to bring digital currency into the mainstream and to promote businesses who take coin as a form of payment. This is not an overnight goal. It is one that will take some time, but we are already beginning to see the impact that virtual currency has had in the world.
The WhoTakesCoin Journey
Here is a glimpse of what we have planned for now and for the future.
The first part of our mission is to create a clearing house for Everyone, Everywhere Who Takes Coin. The first thing we have to do is match people who need products and services with people who take coin as a form of payment. As more and more merchants begin accepting coin around the globe, this portion of our mission will become less important. For now it is critical because people wanting to spend coin have difficulty finding merchants who take coin.
During this process, we will learn how to best carry the directory portion of our service forward. It needs to make sense for today, but more importantly, it needs to stay relevant for tomorrow.
The second stage of our growth depends on merchants and coin users interacting with the platform. The more information that passes through WhoTakesCoin, the more valuable we become to users and merchants. There is value in other sites that list coins and values. We don’t see ourselves competing in that space. Our coin repository will be more holistic and comparative in nature. This is how we see WhoTakesCoin adding value to the coin community.
Need to know which coins utilize a certain algorithm? Compare vision of one coin to multiple others to find the one most closely aligned. Our coin data will be community driven, which means the data input by the team and feedback provided by the community. This will give you, the user or potential investor a much better picture. The value expands with time as data is changed, added or edited with changes in the coin community.
At this stage, our coin services will also expand. WhoTakesCoin will have already launched a coin with the intent of migrating across coin platforms. We can’t divulge the details right now, but your purchase process with anyone on the WhoTakesCoin platform will be seamless.
These are not the only exciting things we have planned but this will give you an idea of how we intend to service the Blockchain Coin industry. If you would like to know more, keep browsing or, if you have specific questions, please contact us.