Raising fund for a startup is usually a difficult procedure but ICO makes this process a bit more simple. A lot of ICOs are being introduced every day into the market, so at first, it might seem like a difficult task to raise the fund. But with the right marketing tactics, we can attract new investors to the project. What if I tell you that there is a new kind of ICO airdrop program in the market which is more efficient than other conventional ICO airdrop programs? CoinFactory’s Airdrop engine makes things easy and will catch the attention of the right investor for your project.
How can ICO Airdrop program help your business?
When you start a project you would want people to know about the project, you want people to talk about the project. In that way, a buzz will be created in the market. So ICO airdrop projects are just a reward mechanism in which incentives will be given in the form of a token to the people who spread the news about the project. So in this way, people will work with the full potential to spread the news about the project and thus making sure that it is known in the crypto world. Airdrop also helps in generating new leads for the company. The users will be asked to fill out personal data in exchange for free tokens so in that way a list of good potential lead can be developed.
How Airdrop increases the value of the token?
In a conventional ICO airdrop, crypto tokens are given away to people mostly on a first come first serve basis. The main reason for giving away the free token is to increase the value of the token. When people hold on to the tokens which were given to them, the value of the token will increase in the long run. Initially, the value of the token will be low compared to flat currency but if the people are confident enough with the token and hold on to it for an extended period then the value of the token will increase. If they pick a suitable project with that token then the value of both the coins will increase. At the end of the day, the person who holds the token has to decide whether to hold the token or spend it. Generally, an airdropped coin will not be able to be sold during the time of the airdrop.
How can the efficiency of ICO Airdrop be increased?
There is always a chance that the airdropped coins will not reach the potential investors and it might get wasted. Rather than giving away the tokens in a random manner, a research can be done to find the right investor. You have to find investors who understand your ICO project and also people who have invested in such ICO projects before. All this process might sound a lot of work to you, you can get past all this process in an easier way by using Coinfactory as your ICO launch platform. The Coinfactory’s sophisticated airdrop engine identifies the potential investors. It checks through the database and finds investors who have invested in similar projects and airdrops the tokens into their personal wallet. In this manner, you can grab the attention of the token recipient towards your project thus making your investor hunting process simple.
