Igihe amaherezo ya kalendari yabonetse ku ya 1 Mutarama 2017, abantu batageze kuri 1% by'abatuye isi bari bazi ICO icyo ari cyo, icyo ihagarariye, cyangwa icyo ihagarariye. kandi abasazi bitwa crypto umuryango bazi ko bihagaze Gutanga Igiceri Cyambere (bigaragara ko gisa na IPO) kandi kizakomeza guhagarika inkunga ya VC no kubona cryptocurrencies Igicuruzwa cyisoko cyinjije miliyari 830 z'amadolari murwego rwo hejuru rwa ICO.
Mbere yo kwibira muri sisitemu yo kugenzura ICO ibyo dukunda ubutunzi twakoze dushize amanga, twashyize hamwe urutonde rwamataliki yatanzweho ibiceri byambere byatanzwe, basangira ICO nshya, ikora hamwe nibikorwa bitandukanye byingenzi kandi bikwiye hamwe no kugurisha ibimenyetso byegereje.
Noneho, ubutabera buke bugomba gushyirwa ku mwanya wa mbere mu kwerekana amateka ya vuba kugira ngo ibintu byose bishyirwe mu bikorwa. Ku ya 1 Mutarama, kugurisha kuri coinmarketcap.com byari miliyoni 17.7 z'amadolari gusa, none hagati muri Nzeri 2017, byiyongereye kugera ku madorari arenga 127.7. miliyoni.
Mu mezi 9 gusa, kwiyongera 7x kugeza ubu (BTC @ $ 1.000 $ 4,000 +, ETH @ $ 8 na $ 300 +, nkuko tubikesha coinbase.com), nibindi byinshi bizaza Iterambere ryinshi na gahunda yo kugeraho.
Kuri ubu, birashoboka ko ari rimwe mumagambo yishakisha yihuta cyane yumwaka mugihe itangwa ryibiceri byambere (biva muri IPO) imishinga yo gukoresha amafaranga yaturitse, ariko urufunguzo nyarwo nukureba neza ko ubona amaso manini Kandi inyungu yemewe ishaka ukuri umwanya mbere.
Hano haribibazo 7 byingenzi byafunguye bishobora gusubizwa kugirango utangire inzira yo gushora imari mubitekerezo bya ICO cyangwa isezerano ryindashyikirwa.
Nubwo uburyo bwo guta urwasaya rwamamaye cyangwa igitekerezo gikunzwe, ibi nibice birindwi byishoramari hamwe nubushakashatsi bwatangiye kugirango umenye neza ko ukurikiza:
Nubwo ibi bisa nkibikorwa bitoroshye, birashobora gushimangira cyane kubyemezo byizewe kandi byize kubijyanye no gushora fiat mubicuruzwa na serivisi byateganijwe mbere bamwe bashobora gutekereza ko byarangiye muri ibyo bicuruzwa bya ICO.
Hype irashobora kugurishwa, ariko ibicuruzwa bihindura umukino, porogaramu hamwe na porogaramu amaherezo yongerera agaciro bizasarura inyungu nyinshi mugihe uhinduye ibyo "biceri byamafaranga" bihwanye nibimenyetso byerekana amafaranga.
Ukurikije iki kintu gishya mumwanya wa Bitcoin uhagarika ifaranga, imbuga nyinshi na serivise nshya byagaragaye kugirango ubone amakuru ukunda cyane ya crypto, ivugurura, niterambere.
Hejuru twaguhaye ibintu 7 byambere nibintu byubushakashatsi bukwiye busaba isuzuma ryimbitse. Hamwe nibihuha byinshi kubyerekeye itangwa ryibiceri byambere muriyi minsi, biroroshye gufatwa n "ikintu cyiza gikurikira" kandi "Iterambere rigezweho cyane", ariko kugira ibipimo ngenderwaho hamwe namasasu bizafasha gukuraho amahitamo mabi hamwe nimpungenge zo gushora mumasoko y'ibiceri byambere Tokens Icyemezo cyo gutanga ibimenyetso.
Ibi birori niho abatangiye bashya bagerageza gukusanya imari ishoboka yose (binyuze muri cryptocurrencies nka Bitcoin na Ethereum) kugirango bamenye igitekerezo cyisosiyete yabo. Benshi muribo batangiye ni amasosiyete yikoranabuhanga ategura urubuga rushya rwibanga kugirango byorohereze kandi umutekano kurushaho nta kugenzura kuremereye. n'inzego za Leta.
Biracyaza, biroroshye kubona aho aya maturo yambere yibiceri ashobora kugenda nabi.None se niba umuntu mubisosiyete afite izina ribi? Byagenda bite niba imishinga yabo yubucuruzi idashoboka? Byagenda bite niba byose ari impuha gusa bidafite ishingiro? Izi ningaruka nyazo ko abashobora gushora imari bagomba kuzirikana mbere yo kwinjira mubucuruzi bushya bwibiceri.
Kubwamahirwe kuri bariya bashoramari, dore ndi hano. Nkoresha isesengura ryuzuye kugirango ndebe buri kantu kose ka sosiyete na ICO yacyo kugirango ndebe niba bikwiye gushora imari. Hamwe n'icyubahiro gikwiye, niba hari ibimenyetso byerekana ko sosiyete ishobora kurangiza bikunanira, urashobora guhitamo Nzabigaragaza.
Noneho, nzi neza ko uzashishikazwa nibiri muburyo bwanjye bwo gusesengura neza. Nkurikira nkuko nguhaye impinga mubikorwa byanjye byo gusuzuma.
Wagira ngo kumenya ingaruka zishoramari byaba kimwe mubice byanyuma byisesengura ryanjye.no! Iki nicyo cyambere. Ibi ni ukubera ko aricyo kimenyetso cyingenzi kandi nzi uburyo abashoramari bahuze.
Bashobora kutabona umwanya wo gucukumbura isesengura ryose, ndizera rero ko ntanga amakuru bakeneye cyane mugitangira.
Ntakibazo, mpitamo ingaruka zishoramari ndeba ibintu bitandukanye byikigo hamwe nigiceri cyambere cyatanzwe:
Niba nta kibi kirimo ibintu bitandatu byose bigize isosiyete na ICO yayo, nanzura ko gutanga umusanzu muri iyo sosiyete ICO atari bibi cyane.
Nibyo, hari ingaruka mubushoramari ubwo aribwo bwose, ariko niba isosiyete yatsinze ikizamini cyanjye, noneho ibyago byose birimo bizaba ingaruka kumasoko idashobora kwirindwa cyangwa guhanurwa.Niba ubucuruzi butatsinze ikizamini cyanjye, ubucuruzi burashoboka cyane uburiganya kandi ntugomba gushora igiceri.
Nyuma yo kumenya ingaruka zishoramari zigira uruhare mubucuruzi, ndareba ukuntu ibihuha ICO yabo yabyaye.Niba bibyara urusaku rwinshi kandi abantu benshi babavugaho kurubuga rusange, icyo nikimenyetso cyuko kwamamaza kwamamaza ni gukora.
Mubindi bintu, byerekana ko bafite igitekerezo cyuko abantu benshi bazashimishwa. Birumvikana ko ababyifuza bashobora kuba barimo abashoramari bakize cyane bifuza igice cya pie.
Iyo ufite abashoramari benshi bashishikajwe nigitekerezo cyubucuruzi, bituma igitekerezo gisa neza kandi cyunguka cyane, bigatuma abashoramari benshi bashora imari.Niba igitekerezo kidashimishije abashoramari cyangwa rubanda, nikimenyetso cyuko ubucuruzi butabikora Ntabwo bafite ubukangurambaga bwiza bwo kwamamaza kandi abantu ntibagurishwa nibitekerezo bagerageza kugurisha.
Ibisubizo byifuzwa cyane kubucuruzi nimba bashoboye kugenzura ibisanduku bine byose byavuzwe haruguru.Bakeneye kugira imbuga nkoranyambaga zikurikira, bakitabwaho cyane nibitabo byitangazamakuru bijyanye, bagaragara byoroshye kuri moteri zishakisha nka Google, na kubona ibintu byinshi bya buri munsi kurubuga rwabo.
Aha niho mpitamo niba ubucuruzi nibitekerezo byabwo bizakomeza kubyara inyungu mugihe kirekire kizaza.Iki nikintu gikomeye cyane kuko ntabwo abantu benshi bifuza gushora mubintu bizatera imbere vuba hanyuma bishire.
Twishimye, urashobora kwirinda kwirinda kugwa mumitego nkiyi ukareba uburyo nerekana inyungu ndende yubucuruzi nibitekerezo byanjye. Iki cyemezo gishingiye kubintu bikurikira:
Hano hari ibintu bine byingenzi ubucuruzi ubwo aribwo bwose bugomba gusuzuma mbere yo gutangira amanota ya ICO.ICO nkanjye byanze bikunze tuzabisuzuma mbere yo kuduha uburenganzira.
Abashoramari nabo babitekerezaho mbere yo gufata icyemezo cyo gutanga amafaranga kumushinga, cyane cyane ko mbabwiye ko ari ngombwa kubikora.
Twifuzaga kuvana bimwe mubikorwa byo gushakisha inzira hanyuma tugakora urutonde rwimbuga za ICO zo hejuru kugirango dukurikire kandi dukurikiranire hafi ahazaza hifashishijwe ibimenyetso.
Nkubu, izi mbuga za ICO ntabwo ziri murutonde rwihariye, ariko zizongera gusuzumwa mugihe gikwiye kandi zishyirwe hamwe ukurikije igihe, isura, ninshuro zivugururwa (nkuko turi mumwanya wihuta).
Dore urutonde rukomeye kuburyo utazigera ubura ICO ikurikira cyangwa igiceri gishya kandi kinini cyambere gitanga amahirwe yo gushora imari.
Turi itsinda gusa ryabaye kugirango ryinjire mubucuruzi bushaka gutangiza igiceri cyambere.Urwikekwe kuruhande, dukunda gutekereza ko inzira zacu zuzuye kandi ntizisiga umwanya munini wo kujya impaka cyangwa kwinubira akarengane. mu bucuruzi.
Ibyo byavuzwe, niba utemeranya nimwe mubisobanuro bisanzwe kandi byakorewe ubushakashatsi (ubu dufite 1.000), wumve neza ibisobanuro hepfo.Ku bashoramari bumva ko isesengura twatanze ridahagije, duhora twakira ibyifuzo.Turasoma kandi subiza kuri imeri yose yingirakamaro hanyuma utange ibitekerezo kubitekerezo n'ibitekerezo bisigaye hepfo.
Ibyo turimo kwinjiza hano uyumunsi nisomo ryo kubaka ikizere hamwe nurutonde rwubatswe rwa kimwe cya kabiri cyama cptocurrencies hamwe nibice bikenewe nibiranga / ibintu ishoramari rikomeye kandi ryumvikana rigomba kugira.Ibintu byose twabonye byahujwe kugirango bifashe kwihutisha inzira zishakisha , n'inama kubashobora gushora imari bigomba gufatwa nk'intambwe, ntabwo ari icyemezo cya nyuma, mugihe ugerageza cyangwa guhitamo kugura ICO nshya, uko byagenda kose Gutanga cyangwa gushimisha bishobora kumvikana hejuru.
Nubwo amategeko, amabwiriza yegereje kandi byanze bikunze kugenzurwa n’abandi bantu nyuma y’ikibazo kidashidikanywaho, ikintu kimwe gisigaye, ICO irwanya uburyo gakondo bwo guhuza abantu n’ingamba zo gukusanya inkunga kandi ntibidindiza ibimenyetso, cyane cyane iyo bigomba gukurikiza amategeko mashya n'inzitizi zemewe n'amategeko. amaherezo.
Aka gatabo ntikuzura mugihe dukomeje kurangiza uburyo bwo gushora imari mumahirwe ya ICO nibimenyetso bya ICO mubyukuri batsinze ikizamini kugirango barushe abandi.
Abaguzi n’abashoramari bishimiye intsinzi nyinshi muri 2017 kubera agaciro gakomeye kerekana amafaranga.Nyamara, nkuko 2018 itangira, ni ngombwa kumva neza uko ubukungu bwifashe kugirango bibafashe guhitamo intambwe ikurikira.
Ibintu bimwe ntibihinduka na gato, nkimpapuro zera, prototypes, ndetse ninama.Nyamara, CoinDesk yahisemo gusohora amakuru amwe kugirango afashe abakiriya kumva uburyo isi ya crypto izahinduka.
Nubwo ku isi hose haribiganiro byinshi kubyerekeranye nuburyo bwiza bwo gukora cryptocurrencies nta nkomyi, birasa nkaho leta zisi zose zitazabona ibisobanuro bisobanutse.Hariho ibibazo byinshi byamategeko bigomba gukemurwa, kandi inyungu zumuryango wibanga bizaterwa kuri ibyo bisubizo. ICO nshya igomba kumva ibyemezo byurukiko, ukoresheje aya makuru kugirango habeho urubuga ruhuriweho.
CoinDesk iteganya ko kugurisha nyabyo kw'ikimenyetso kugabanuka. Kubwamahirwe, agaciro ka buri kimenyetso biteganijwe ko kaziyongera mugihe ishoramari n’ubucuruzi bitandukanye bizaba. Ibicuruzwa bizagenda byigenga, kandi umubare w’ibimenyetso byagenewe rubanda uzagenda ugabanuka.
Niba Ethereum igomba gukomeza kuba umutungo ushimishije ku isi yose, bazakenera kongera umuvuduko wacyo.Hariho ibigo bimwe na bimwe bigerageza gutangiza ku zindi mbuga, ariko haracyari abashoramari benshi bemeza ko Ethereum izakomeza kubaho umutungo wingenzi. Kubwamahirwe, abashinze imishinga imwe bashoboye kuzana gahunda yo gusubira inyuma yemeza ko barinda ICO nishoramari.
Icyifuzo kinini cyo gukoresha amafaranga ni uburyo bwo kwegereza ubuyobozi abaturage. Brayton Williams wo muri VC hafi ya yose yibanda ku "mpano no gutwara abantu." Nkuko bimeze, abanyemari n’abashoramari bigenga barashobora gutangira kumva ubushake bw’abashoramari gukoresha ikimenyetso mu ntego zabo.Mu nyigisho, ariko , ibimenyetso birekurwa vuba kuburyo bidashobora gusohoza amasezerano yabo yose.
Ubukungu bwacitse buracyari shyashya rwose kandi ubushobozi bwo kubikoresha mubushobozi ubwo aribwo bwose ntiburamenyekana.Abagize ibi bimenyetso bazamenya ko ubushobozi bwo kubikoresha buzagaragaza ahanini agaciro kishoramari.Ubushobozi bwo gukoresha ibimenyetso byifitwe nubu abashoramari bazafasha umuryango wisi kumenya agaciro ka cryptocurrencies kumwanya wambere.
Abaguzi muri rusange barushijeho kumenya ibijyanye na cryptocurrencies uko ibimenyetso bigenda bikura, bigatuma barushaho kumenya gushora imari. Hamwe n’abaguzi n’abashoramari bakomeye, abakoresha bazashyiraho igitekerezo gisobanutse cy’uburyo bwo kubikoresha. ikura mubyamamare, abaguzi bazumva amafaranga yimikorere muburyo butari bukenewe rwose mumyaka icumi ishize.
Igitekerezo cya nyuma ICOs y'uyu mwaka izazana ni uko biteganijwe ko amasosiyete y’ikoranabuhanga ateganijwe kwegereza abaturage ibimenyetso byayo, bikabafasha gukusanya inkunga. Iyi ntambwe ni ingenzi cyane mu kubona inyungu nyinshi, nubwo CoinBank ivuga ko aya masosiyete adakeneye kwegereza ubuyobozi abaturage na gato.
Mbere yo gushyiraho amasezerano yubwenge kumurongo woguhagarika no gutangira gutanga ibiceri byambere (ICOs), abatangiye gushaka gukusanya inkunga mumishinga yabo bagombaga kwishingikiriza kubashoramari, IPO, kandi byanze bikunze, imifuka yabo.
Kubatabizi, ICO nuburyo bwo guhuza abantu aho amasosiyete akora ibimenyetso kugirango abandi bagure kugirango babone amafaranga mumishinga yabo. Abantu benshi bavuga ko ICO ari ihuriro ryumushinga wa Kickstarter hamwe nigitekerezo cya mbere cyatanzwe kumugaragaro, kuko muri igihe kirekire, abashoramari babona inyungu ninyungu zamafaranga.Nyamara, ICOs zifatwa nkumushinga w’ishoramari ufite ibyago byinshi kandi bihembo byinshi, bityo rero hari ibintu bike ugomba kuzirikana kugirango amafaranga yawe atajya guta.
Urupapuro rwera mubyukuri isosiyete ikora kubashoramari.Kubera iyi, igomba kuba yanditse neza kandi ikubiyemo amakuru yose ajyanye nicyerekezo cyisosiyete, uko serivisi ikora, ibiranga, abiteza imbere, nibindi. Igihe kinini, ubwiza bwa impapuro yera irashobora gukora cyangwa gusenya isosiyete, irerekana neza niba itsinda rikomeye bihagije kumushinga wabo.
Ukizirikana ibi, nkumushoramari ushobora kuba, ugomba gusoma impapuro zera witonze kandi ugatekereza gusa gushora imari niba usobanukiwe nibintu byose impapuro zera zigerageza gutanga.Ikindi kandi, menya neza ko witondera amakuru arambuye, kuko ibigo bimwe bizwiho kuzamuka. imibare yerekeye uko isoko ryifashe muri iki gihe. Kubwibyo, kugenzura ukuri nubuhanga bwingenzi kubashoramari ba ICO.
Mugihe cyo gusuzuma ICO, ni ngombwa gukora ubushakashatsi bushoboka bwose.Mu mbaraga zubushakashatsi harimo no gusoma kubyerekeye itsinda ryihishe inyuma yumushinga.Mu gihe ibigo byinshi bitangiza ICO ari shyashya ku isoko, hari amahirwe menshi ko abagize itsinda bakoze ku mishinga isa nayo kera.
Igihe cyo kohereza: Werurwe-11-2022