Want to Сreate Your Own ICO? Indiegogo Can Help You
December 14, 2017
Crowdfunding sites such as Kickstarter and Indiegogo have been attracting funds for online startups for a long time, but the increasingly popular method of Internet financing seems to have reached them as well.
This week, Indiegogo is taking its first steps in the ICO. It will closely supervise its customers' ICOs, and then help them sell their digital coins.
ICO raises funds for online projects selling electronic currencies to its investors. In some cases they have been extremely successful: ICO funding is currently $3.5 billion, most of which has been raised this year. Just compare, this is more than Kickstarter has earned in its eight-year history.
Despite their financial attractiveness, ICOs are practically not regulated, and have long been considered high-risk and unstable. Indiegogo wants to change it.
Slava Rubin, one of the platform's founders states: "We want to build trust to the whole industry, which, in our opinion, will lead to ICOs entering the mainstream."
The first Indiegogo's ICO, which is launching this week, aims to raise $5 million for the Fan Controlled Football League, which allows people who buy the project's coins to hire players, hire and fire coaches, and assign games in real time.