We talk more and more about the ICO, we will try to explain what it is. The initials correspond to Initial Coin Offering, which corresponds to the initial offer of currency. It is a process by which a cryptocurrency linked to a project is issued. Thus, it can be used to achieve a very high capital that allows to realize the project that is intended.
For an investor, buying the ICO of a project would be like acquiring shares of a developing company. The cryptocurrency is the instrument that will allow financing the company. It is starting to work, they have exceeded 260 million dollars thanks to this new investment trend.
The coins are distributed in such a way that investors can obtain them before the real launch of the project, they are usually acquired with bitcoins or other existing cryptocurrencies, and subsequently obtain their share of the coins when the project is released AliveTalk.com, thus achieving that the team promoter has a monetary support that gives them greater incentive and responsibility to continue carrying out their technological proposal. This new phenomenon contrasts with the way in which cryptocurrencies were previously obtained by users, where it was only possible to access them through mining or buying from other users.
One of the most popular and successful ICOs was the one made by XMaterials smart contracts platform, which raised 31,531 bitcoins (15 million dollars at the time) during its launch campaign in the summer of 2014. Investors had to wait year to be able to negotiate their ethers in the market, because this was stipulated in the ICO’s investment pact. A measure adopted to curb the initial speculation. As of today, 31,531 bitcoins have a market value of 26 million dollars.
How is an ICO created?
The technological process of an ICO is very simple. The new digital currency is transferred to an investor through an intelligent contract in exchange for a certain amount of money. The funds raised are usually provided to developers through a deposit in digital currency. The documents prepared for an ICO include a White Paper or official book that contains general information about the blockchain project and the digital currencies that are planned to be issued. Sometimes this is accompanied by a Technical White Paper or technical white paper, which delves into the technical aspects of the project you can visit here: https://www.xrpnews.com/. The best structured ICOs can be accompanied by an Offer Memorandum, a document that describes the various risk factors and the investment process.
Why is it interesting for venture capital companies?
Some venture capital companies have realized that the main value of the new technology is in the protocol itself and not the applications. The digital currencies allow the creators of a blockchain protocol to obtain economic benefits directly. This is done by reserving a certain amount of coins for the developers, the first investors or the first ones who start using the currency. When the project is launched and is successful, that first group of followers can create a positive feedback loop.
Successful applications based on the blockchain protocol serve to attract interest in the underlying protocol, which already has its own market. As the price increases, the market value of the protocol should increase faster than that of any of the applications that use it. One of the main attractions of the ICOs is that the new digital currency can be exchanged for another more popular cryptocurrency, and this in turn can be exchanged for money, which translates into great liquidity. For more valuable information about ICO please visit our Crypto articles.
How Fashion Websites Are Successful in Gaining Traffic with the Help of Instagram
Instagram introduced the business accounts in the year 2016, and this social platform has been helping businesses to grow and gain traffic ever since. It has been helping various brands interact with all the followers as well as the target customers in ways that are not only meaningful but also productive. The social platform not only allows the businesses to gain likes or follows but has assisted them to expand like never before. If you have a fashion blog or website, and you want to gain more traffic, you have to learn how you can earn these clicks with the help of Instagram.
Link in Bio
You might already be aware of the “Link in Bio” concept, especially if you are in the fashion business or any other business for a long time. This is considered to be one of the simplest ways in which traffic can be driven to your website in an easy and effortless manner buy Instagram followers. You can simply upload a post regarding your new fashion line, and post a caption that is meaningful and trendy, with the line, “Click the link in our bio to know more,” or, “Click the link in our bio to make this dress yours!” Interested Instagram will click on this link and visit your website. The best part is that the link can be updated at any point in time. Ensure that you are creative; so that you can end up attracting more audience.
Running Instagram Campaigns
Another simple yet incredible way to gain traffic is by running the advertisement campaigns. You should know that unlike all the organic posts, you can click on the Instagram ads. Users can click on a particular advertisement and you can simply direct them to a web page of your choice. Furthermore, Instagram assists you by adding “Learn More”. This call-to-action button helps in enhancing the click-through rate. You are free to target any kind of user.
Tagging Products or Services
Instagram has rolled out a new service, which allows businesses to tag different kinds of products or services in the organic Instagram photos. When users click on this product, they will be able to see a short description of the product, and after that, they can click-through to a business website if they want to. Through the website, they can not only learn more about the product, but they can make a purchase as well. This is another great way to direct traffic to your website. You can also buy real Instagram likes to give assurance to your followers regarding your product, because more the number of likes, more people will be attracted.
“See more” or “Swipe up” Instagram Stories
If your business account is verified by Instagram, you can link your organic stories to a particular product. Most of the brands are becoming eligible for verification, and for that, you do not need a huge number of followers. When users swipe up on a particular Instagram story, they will be redirected to a web page that has been decided by the brand.
Getting more traffic can be a hassle if you do not have a proper idea about making use of your Instagram account. It is important that you go through all these methods once, and see if you are getting the intended traffic volume on your fashion site.