WONDERING HOW TO MAKE YOUR INITIAL EXCHANGE OFFERING ROCK? READ THIS!

The crypto sphere is prone to new updates from time to change. From this standpoint, the hottest cake we have in the crypto market at present is Initial Exchange Offering. With the initial coin offering ruling the crypto enclave for the last couple of years, it is mandatory to get to know what invites IEO and how it is different from ICO at large.

As an Initial Exchange Offering Development Company, SHAMLA TECH offers end-to-end IEO development services from the creation of exchange platform to token development. Hire our enthusiastic developers to avail professional assistance at every step of your IEO project.


WHAT IS IEO?

An Initial Exchange Offering is nothing but a token sale based on crypto exchanges. IEO works on various cryptocurrency exchanges; creates a platform for the developers to show up and sell the projects to the crypto investors across the globe. Before the token sale, the exchange team and the project team will draw to an agreement. The exchange platform reviews the project with a pre-defined set of terms and conditions in order to verify the authenticity of the project. If everything goes well, the platform sets a date marking the beginning of the token sale. In case the corresponding exchange holds a token of its own, the investors should buy the subsequent token to take part in IEO.

MERITS OF IEO OVER ICO

An initial exchange offering is easily tradable in comparison with ICO and that too within a short span of time. In this regard, an initial exchange offering can stimulate a majority of the stock markets to take part in fundraising. It advocates a decentralized and authoritative fundraising model. On the ICO becomes an easy target for scams with every passing day. In the case of ICO, the tokes are issued to the investors once the fundraising is over. However, in the case of IEO, the projects mint tokens and send the same to the exchange platform. In short, IEO is more commendable than ICO in a number of ways.

HOW TO INITIATE IEO?

When you plan to begin an initial exchange offering, take legal counseling in order to understand the regulatory demands of your new venture. Take the help of the best IEO service provider around to take complete charge of your project.

Being a professional initial exchange offering Development Company, SHAMLA TECH provides the clients with world-class services contributing to a massive IEO raise.

Why do you need a Cryptocurrency Wallet? Here you go!

Crypto wallets have become the need of the hour with a tremendous increase in the use of cryptocurrency on a global scale. These virtual wallets come to combat all the limitations of a conventional wallet by way of imparting more security to your money.

Hire a professional crypto wallet developer now to help you build personalized crypto wallets to cater to specific trading needs.

Comprehending a crypto wallet

Unlike a traditional wallet with a physical form, a crypto wallet is a software program that facilitates the transfer of virtual currencies across networks. With your own cryptocurrency wallet, you can be a part of the crypto community thereby finding fresh trading opportunities worldwide.

Cryptocurrency wallet types

The cryptocurrency wallets are of two types; hot wallets and cold wallets. Hot wallets are ones that require internet connectivity to perform the functions. Online wallets and mobile wallets fall under this category. Cold wallets are capable of carrying out cryptocurrency transactions in the absence of access to the internet. Hardware wallets and paper wallets belong to this cadre.

How does a crypto wallet work?

The basic work mechanism of crypto wallets is as simple as that of a bank locker. Every locker has its own key. Similarly, a crypto wallet comes with a unique private key. For every transaction to happen, the private key has to be in sync with the subsequent public key. If you ever lose your private key, you can never get access to the funds via your cryptocurrency 

wallet.

Why is a crypto wallet mandatory?

A crypto wallet comes with security-rich features to prevent the loss of funds on account of fraudulent activities. With a cryptocurrency wallet, your funds are stored in a highly cryptonized space. This makes it nearly impossible for the hackers to crack the codes and get access to your money. The supreme security of the crypto wallet provides the user with 100% privacy. Besides, it carries out multiple transactions all at once. The transaction speed usually depends on the internet speed. A crypto wallet also makes it easier for you to manage funds. All you need to do is to segregate your expenses into categories so that you can comprehend them when you take a look later. As the currency is a virtual one, your cryptocurrency wallet never runs short of space.

As a crypto wallet development company, SHAMLA TECH builds user-friendly and security-rich cryptocurrency wallets with top industry experts.