Beginner’s Guide to ICO (Initial Coin Offering)
What you'll learn
- Know the basics of an ICO and understand the difference between ICO and traditional crowdfunding, venture capital and IPO (initial public offering).
- Analyze the historical and current ICO market trends.
- Discover the difference between a coin and a token.
- Find out the nature of tokenization and how you could embrace its strength for fundraising.
- Learn the true meaning of token economy by examples.
- Discover the difference between an ICO whitepaper and a business plan.
- Know the popular blockchains for ICO and why they are most commonly used.
- Understand the intrinsic processes involved in running an ICO campaign from top to bottom.
- Learn by examples on how token allocation should be tailored for an ICO.
- Learn what is an airdrop and bounty program and how they are conducted.
- Understand the importance of KYC (Know Your Customer) or AML (Anti Money Laundering) policy in an ICO campaign.
Requirements
- General knowledge about cryptocurrencies like Bitcoin and Ethereum is an advantage.
Description
This course offers the fundamental knowledge of ICO (Initial Coin Offering) for any beginners - with or without experience in cryptocurrency. You may have heard that most ICOs are scams or majority fail within the first year. But not all ICOs are doomed from the start if you know what you're doing. Successful ICOs such as Ethereum's very own back in 2014 and some recent ones like Kik ($100 million), Bancor ($153 million), Telegram ($1.7 billion) and EOS ($4 billion) that raised billions of dollars in total.
The instructor was an ICO consultant for four ICO companies and the current Korean ambassador for StartupToken. He's also the Global Chief Consultant of Korea Blockchain Entrepreneur Association (KOBEA).
You will discover the what, why and how an ICO works. Understand the entire structure of an ICO campaign and what are the processes involved in achieving its funding goal.
Who this course is for:
- Anyone who is keen to understand more about ICO
Instructors
I'll teach you all my skills as a 15-year long award-winning entrepreneur and help you apply the skills with the least cost possible.
I have global business experience with 17 countries covering U.S, Europe, Asia and South America. My first startup was called FanXT and was acquired in 2016 and my other exit is an online memorial website which I sold to the No. 1 English newspaper in Malaysia, The Star.
<----- Click on the globe icon on the right to view the Wikipedia page about me.
I'm a super hands-on guy who led all the business, sales and marketing aspects (even some coding) in my startup, from email marketing, SEO, WordPress, social and content marketing, growth hacking to even writing the press release when my company was acquired. Phew...
My teaching principles are,
‣ I teach you how to do it with the lowest cost possible
‣ I practice what I preach
‣ I teach with simple English – no jargons
Kodorra provides hands-on online courses on how to run your online business and startup with minimum cost. We practice what we preach and we teach with simple English (no jargons).
Our teaching principles are,
‣ We teach you how to do it with the lowest cost possible
‣ We practice what we preach
‣ We keep it simple – no jargons
It was founded by Melvin Wong, an award-winning entrepreneur with global business experience in 17 countries covering U.S, Europe, Asia and South America. He has been a tech entrepreneur for 14 years now and it all started when he left a software development job when he got an idea for a startup. Back then, there was virtually no funding for early-stage startups in his country. So, he ran the entire startup all by himself in a small rented room with a starting capital of merely $3,000. With almost zero savings, he survived with a credit card for six months. He had to do everything from coding to sales and marketing and even customer support. Surprisingly, his startup was profitable in the first year. It eventually grew and went forward to win numerous local and international awards and ultimately was acquired by a Japanese/American company in Los Angeles. Melvin had the privilege to be mentored by Jeff Hoffman, the ex-CEO of Priceline, who also was the advisor of his startup. He is proud of his company's diversity, where he hired about 100 people from 17 countries.
Now, he wants to educate you with all his skills as a "tried and tested" entrepreneur and help people apply the skills with the least cost possible.