Funding through an IDO
It is widely known that one can fund their venture through an IDO.
But how the process works, the gotchas, the strategies, the benefits - are all known to a select few. We demystify the process and help move your business forward with the funding it needs.
Connecting with the right company
Did you know there are many types of Initial Offerings? Many tokens, many platforms, many funding models, many jurisdictions and laws surrounding an IDO. We, at ITBS LLC, have hands-on experience, the understanding of blockchains, and the legal backing to properly release an IDO anywhere in the world.
Security on the Internet
With so many people looking to get past one's security to get to the coins - it's a hard place out there. Simple mistakes in hosting choices or in wallet choices can lead to an embarrassing end to the offering and loss of raised funds. Our experience and engineering staff knows how to manage a secure deployment and keep funds and reputations safe.
Marketing
IDO is all about marketing. Creating connections with people, companies, investors. We have experienced marketers who will reimagine your launch and deliver the numbers.
Success and Monitoring
Succcess isn't an accident and it's not a destination. It's a height of performance that needs to be maintained for the duration of the campaign. Throughout the effort, we monitor press, good and bad. We know when to react and how. Every public response counts. Internet needs to be monitors and actions need to be taken to keep ahead of the competition.
White Papers
Final white paper can make or break the project and its funding. We bring in experts to help evaluate your white paper and augment it with necessary sections, verified facts and make sure it's readable by people who are in it to invest. Being a writer is a full time job, even though it may look easy - it is a skill that takes a lifetime to perfect.
Legal
We are partnered with top legal talent to ensure the offering is compliant with local laws in all regions where we run the offering and also to ensure we are compliant.
Checklist
Completing an IDO (or similar) takes about 6-8 months and costs roughly $500k USD. Some items may increase the cost of the offering. Most of the items below are included in the price. Here’s a simplified breakdown to show what the money goes into, besides team's salaries.
Legal services
Full legal services for any type of an Initial Offering anywhere in the world. We are partnered with top legal talent to ensure the offering is compliant with local laws in all regions where we run the offering. Cost: 40k.
White papers
Given initial direction we use technical and business consultants from any industry to put together white papers that precisely describe the problem at hand and give a path for solving it. Then perform a peer review to ensure quality and readability. Cost: based on expertise necessary and the scope of the project
Web marketing tools
We assemble reliable website which host the product, related materials and track major events. We ensure proper structured for SEO. Editors ensure there are no errors. Business people connect relevant messages together that are easy to understand. Cost: $5k+, depending on design requirements and frequency of updates.
Likable Videos
It's important to create professional looking demonstration videos. Professionals assemble videos together that allow regular folks to clearly understand and visualize the project goals and objectives, and helps them related to the product. Cost: $10k+, depending on amount of special effects and other production costs.
Social media, telegram channel, crowd management
Social media professionals will work on creating a popular campaign and keep the excitement going throughout the project. They monitor for any bad actors and minimize the chance of a threat to the project by defending it from social engineering attacks. Cost: $8k/month.
Travel services
During the process, we analyze available speaking arrangements and organize all the travel arrangements for the team to visit relevant conferences and meetings. Reserving their time for more important things, maximizing team’s performance.
Online Marketing
We bring experienced writers and editors together with marketers to provide a solid, targeted online marketing campaign that brings in eyes and investments. This is a very involved process which requires top talent to achieve marketing momentum in just a few months that other firms take years to get to.
Product development
We have several offices with developers ready to take on any programming task. We can augment or become the core development team for the project. Or simply advise on technical matters and assist with roadblocks. Cost: Hourly billable, for each manager and developer involved
Team Members and Advisors
All great projects require great advisors. We have a huge presence in this space and collaborate with top commercial advisory services to bring in the type of advisor that can bring recognition and admiration to the project by the industry as well as the popular perception. Price: Fee system