Initial Coin Offerings (ICOs) are the cryptocurrency industry's answer to Initial Public Offerings (IPOs). An ICO is a method of raising cash for the development of a new currency, app, or service. Investors interested in the offering may subscribe and get a new cryptocurrency token issued by the business. This token may have some value in the form of a product or service offered by the business, or it may simply represent an interest in the business or project.
We are well aware of what an ICO is. To start off with, ICO is an Initial Coin Offering, the same as an Initial Public Offering in stocks. Users can buy into an Initial Coin Offering to own the particular cryptocurrency token. This token then represents the real time price of the cryptocurrency upon the success of the ICO. Initial Coin Offerings are a great way to raise funds for products and services that are related to cryptocurrency. Many ICOs have yielded massive returns for users in the past. The same is aimed here at Mitotic Money, we are aiming to raise funds stabilization of the platform, and also the returns from the platform will be reflected in the efficiency of the token to ensure the good will of the masses that believed in us and chose our Initial Coin Offerings.
THERE ARE THREE TYPES OF ICOs
- Static supply and static price - The Company fixes the number of tokens and the price of each token.
- Static supply and dynamic price - The Company fixes the number of tokens but can vary the prices of each token. Amounts received overall to determine the price of each token.
- Dynamic supply and static price - The Company fixes the price of each token and the supply is dynamic, here amount of funding determines the supply.
Mitotic Money aims to provide debit cards and barrier funding for our users by the end of 2022. It is crucial and essential to raise funds for achieving multiple milestones in the planned timeline of Mitotic Money.
Mitotic Money and the MM TOKEN will go hand in hand generating revenue and yielding ample profits to users, along with best in class features and facilities which make life at Mitotic Money better. Compared to other revenue generating modes, Users will entice the sophisticated structure of the Mitotic Money and the simple interface and methods users indulge to work their way to profits. Mitotic Money will have a static price and dynamic supply of tokens, this will determine the value of the coin by how many tokens are sold. Price is static as we have a good idea of what is required to achieve the set goals, hence the static price. Dynamic supply as we do not want to restrict the lot to limited users. All users are equal and we wish all the users willing to buy the token shall get them. Customer satisfaction is our ultimate motto.
GET INTO NEW CRYPTO AT THE GROUND FLOOR
ICO or Initial Coin Offering is a form of crowdfunding used to raise funds for new forms of cryptocurrency. It’s a great way for companies to get the funds they need to expand their activities and grow into the market, and it can be a fantastic way of getting into a new coin at the very ground floor – imagine if you could have been one of the first to buy Ethereum (for example). Your portfolio would be looking very healthy now.
At Mitotic Money, we believe that the right ICO investment can be a major part of a profitable portfolio. You get the benefits of a global currency, with no restrictions or geographic boundary, you get a highly liquid asset and there is the potential for huge returns. It’s important not to get carried away with the promises though, which is why we conduct extensive research and due diligence on ICO companies so that we can be as sure as possible that the company is a legitimate venture.
THE NEXT BIG THING
When you invest in our ICO vehicle, we’ll make sure you don’t miss out on the next big coin, but avoid the pitfalls of those companies less likely to make it. With ICO, it’s not just about past performance and the current trading environment, we also conduct deep research into the companies themselves – studying the business plan, whitepapers, and management team as well as assessing the blockchain methodology.
Once you’ve invested in our ICO account, you can choose to move your coins to our managed crypto account, or withdraw them. All our fees and commissions are explained clearly and transparently – you won’t be hit with any surprise costs. You invest in an Initial Coin Offering (ICO) by transferring funds or cryptocurrencies to a blockchain start-up. In exchange, you will get digital tokens associated with the project.