Initial Coin Offering in India
Updated on Monday 03rd December 2018
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Initial coin offering (ICO) in India refers to a faster manner to obtain capital for businesses involved in start-up activities, such as the use of cryptocurrencies. Since cryptocurrencies and ICOs are nascent business activities across the world, each governmental body tries to regulate the sector, in order to provide a high level of trust and stable regulatory measures, just as it is the case of India.
Businessmen interested in opening a company in India that is involved in ICO activities should know that the local regulator does not offer a legal framework for this type of crowdfunding operation, but it does provide several warnings and recommendations concerning the usage of cryptocurrencies. Our team of specialists in company formation in India can assist with more details on the main aspects that should concern when entering ICO operations in this country.
Why invest in ICOs in India?
Known as a great business destination for international businesses, especially in the field of outsourcing, India is now one of the most attractive markets for outsourcing marketing services related to ICO platforms. It is also necessary to know that most of the ICOs set up in India are registered by foreign investors and our team of consultants in company registration in India can assist on how to start a business here. Investors may consider ICO investments due to the following:
- ICOs can raise capital by using virtual currencies, such as Ethereum, Bitcoin, Litecoin or any other known cryptocurrency;
- ICOs in India had a total value of $ 3 billion at the level of 2017;
- Indian ICO marketing agencies can provide specialized marketing services on social media platforms that are relevant for the industry;
- local startups started to be less reluctant to the idea of performing investments through ICOs.
Indian ICOs, global investment market
Investors who consider starting the procedure of company registration in India for an ICO platform should know that one of the advantages of investing in this industry is that this sector is not bound by the physical borders of the country, as investments can be obtained from all types of businessmen across the world.
An investment in an ICO business generally costs approximately $ 100,000 – 200,000. Those interested in how to form a company in India must know that the sector is still in its infant stages and that new policies are issued on a frequent basis; we invite businessmen to contact our team of specialists in company registration in India for professional consultancy services regarding this subject.