Frequently Asked Questions
Your project is likely ready for an ICO when you have a clear business model, a working prototype or a solid roadmap, and a committed team. It is also important to have a legal opinion on your token sale to ensure compliance with regulations. The marketing phase is most effective when there's a strong foundation to promote.
While it is possible to do some marketing on your own, an ICO marketing agency brings specialized knowledge and experience that can be hard to replicate. They have existing connections in the crypto space and know the best platforms to use, which can save you time and help you avoid common mistakes that could harm your fundraising efforts.
Common mistakes include a lack of a clear strategy, poor communication with the community, and over-promising on a project's future. Other issues are not being transparent about the team or the technology, which can quickly erode investor trust.
It is very important to consult with a legal professional who specializes in blockchain and securities law. They can help you understand the rules in your target regions and ensure your token sale is structured in a compliant way. An agency can help you follow those guidelines in your marketing, but a legal expert is a must-have for the project itself.
The most important platforms for community building are typically Telegram and Discord. These are where you can have direct, real-time conversations with your community. Other platforms like Twitter and Reddit are also important for wider awareness and news, but Telegram and Discord are the key for building a core group of supporters.
