Reviews of ICO (Initial Coin Offerings)

Initial Coin Offering (ICO) is the method of crowdfunding highly used by crypto companies to raise funds and capitals. It is the process where some percentage of newly issued cryptocurrencies get exchanged with some other cryptocurrencies with the intention to gain profit when it's value get increased. The overall process of ICO (Initial Coin Offering) is based on the way when launching a new cryptocurrency or crypto-token, there is a limited number of units get exchanged with some other type of cryptocurrencies as if Bitcoin or Ethereum. ICO has emerged as a great tool for raising funds and to support new cryptocurrencies. The token is one of the important players during the ICO process which can be sold and traded on cryptocurrencies exchanges. The Ethereum ICO has come out as one of the most successful currencies in the ICO process.

Fundraising in ICO?
All the cryptocurrencies working for ICO want to increase funds and raise capitals should always provide a project description, the purpose of the project, the amount needs to be raised, types of virtual currencies need to be accepted along with the time frame for an ICO campaign. Interested backers can ask for further detailed information about the project before doing transactions. They can play an important role in raising the amount of campaign and they can get their money back.

Scammers and ICO's :
Obviously, ICO is used as a way to increase and raise funds for different business types and charity organizations. But it has been used as a tool for fraudulent. There is always a risk to invest money in initial coin offering. Scams and the fraudulent happens due to their-regulation by the government. For running a successful ICO is important to have patience, time and proper research done for a company as there is not any specific amount of statistics is available for prediction of anything.  And thus chances of scammers increases.

ICO marketing strategy and ICO community manager:
ICO communities are managed by various chats apps and social media channels and other online mediums. How engaging your community the investors receive your ICO. Investors are various serious about the opinion of cryptocurrencies community. The community manager must also participate in discussion threads relevant to your project, and answer questions. The objective is to improve trust in your project and give it the right coverage.  ICO manager is the representatives on behalf of your company managing various social channels across different social platforms. The complete strategy depends upon the ICO community managers.

The skills and competencies of an ICO community manager:
For launching a successful ICO and maintain a community properly, ICO community managers should have the following skills and competencies including result driven, knowledgeable, flexible, dedicated, language and good communication.

Startup and ICO? The concept is relatively new in startups, ICO benefits are just unbeatable in terms of retaining control, no regulations, and globalization.
ICO work process: For a successful ICO one has to equip with a team having the knowledge and connections to a blockchain.

What is an ICO token? ICO tokens are specifically signified to the contribution to the startup event. The more money you will give, the more tokens you will get in return. With the tokens, you will be able to buy future company services or just sell tokens. The smart contract is actually an agreement between the ICO issuing company and the token holder. It is always beneficial to get some benefits in the future according to the same contract. Token's price can rise quickly and thus one can make money buying and selling in time.

Pre-ICO process?
Everything is possible in the crypto world actually one can buy tokens before the ICO. Some companies need funds for ICO and that case is known as a sale before the sale.  Pre-sale may look like hanging fruit that is not easily available.  ICO presale is the process where token sale event that Blockchain enterprises run before the official crowd sale. Fundraising targets created for ICO are lower as compared to the main ICO and tokens. ICO presale is the process where token sale event that Blockchain enterprises run before the official crowd sale. Fundraising targets created for ICO are lower as compared to the main ICO and tokens.  Pre ICO's generally acts as a smart contract from the main ICO event. This is to inform and to consider Pre-ICO funds enables proper and easy reconciliation and audit.
       

Capital Gains Tax On Bitcoin And Other Cryptocurrencies

Capital gains tax on bitcoin, Long-term capital gains (LTCG) is taxable in the process when you hold it for more than 36 months. one of the first step to consider is whether you are trading it or holding it. Capital gains tax on bitcoin differs and based on your holdings. If you are treating it as an investment then you will have to pay capital gains tax, and if you doing trading in bitcoin than it comes under your business income.

Things one has to consider or need to know about bitcoin taxes :
- Capital gains tax on bitcoin tax landmark looks that come under taxation process from the year 2018, and under the IRS and taxing cryptocurrency gains.
- Under IRS treatments cryptocurrency including Bitcoin comes under property and thus capital gain employs on it.
- One of the best ways to minimize capital gain tax on Bitcoin is to buy and hold it for more than a year.

Unfortunately, IRS has not provided much of the information and guidance on bitcoin taxation process. And thus it is treated as virtual currencies by both the public and the cryptocurrency community.  Selling, spending and exchanging crypto for other tokens are likely to have capital gain implications. While bitcoin receives most of the attention these days, it is only one of the hundreds of cryptocurrencies on which capital gain tax is implacable. Everything discussed above with regard to bitcoin taxation applies to all cryptocurrencies.
Here with mentioning some the crypto transactions and their tax implications including capital gains tax on Bitcoin.
- Trading for cryptocurrencies produces capital gains or losses. On the other hand, exchanging tokens with one another creates a taxable event. Tokens are treated as being sold and generates capital gains and losses.
-  Receiving and spending payments in Crypto: is treated as salary as ordinary income at the FMV i.e. fair market value. And spending crypto is a tax event and may generate capital gains or losses which is a taxable event on the basis of short or long-term basis.
-Converting a cryptocurrency to dollars or another currency again is a taxable event, as it is treated as being sold, thus generating capital gains tax on bitcoins and other cryptocurrencies.
- Air drops, mining and initial coins offerings: Airdrops is considered as an ordinary value, at the time when it is sold and exchanged, there will be a capital gain. Mining coins again treated as an ordinary value and equal to FMV and will comes under capital gain.

No guidance has been provided by IRS and it likely default to first in and first out treatment, and thus it allows taxpayers to select a right methodology to opt for their taxation process.

There are many taxation rules and deduction are available through which one can avoid or minimize capital gains tax on bitcoin by consulting with the right CPA or income tax preparer. Simple rule for Bitcoin or any other cryptocurrency is that any transaction done using this property is a taxable event.

Cryptocurrency transactions which are treated as taxable events as of :
- Trading cryptocurrencies
- Token exchange
- Receiving and selling cryptocurrencies
- Airdrops
- Bitcoin mining

Ways to avoid Capital Gains Tax on Your Bitcoin Transactions :

1. Gifting: Individuals can gift cryptocurrencies up to $15,000 without documenting the transaction. Gift cryptocurrencies to your friend or family without generating taxable events.
2. Self-directed IRA: Retirement accounts are permitted to buy, sell, or hold cryptocurrencies. The reason is IRS treats Bitcoins as capital assets which are manageable under IRS.
3.  Offshore Corporation: It comes under IRS taxation process, so it suggested to open an international bank account.
4. Apart a user can have international life insurance policies, an offshore corporation which all comes under the taxation process of IRS and prove to be in beneficiary to the investors and bitcoin taxpayers.

Finally, all the cryptocurrencies including bitcoin come under capital taxable events. But it is also easy to manage the taxations and deductions on incomes through bitcoin with the help of CPAs having a good experience and preparing incomes tax plan for the different types of business and the individuals.

The Most Luxurious Hotel Suites in London to Experience

Whenever we plan for a holiday, choosing the right place to stay and selecting the best hotel becomes a daunting experience. With the current time, you can go to opt for various online most expensive hotels either can take suggestions from your close ones. But it is completely dependent on so many different factors to take into consideration before choosing the 5-star luxurious hotels to make your vacations memorable and enjoyable.

While it comes to a luxurious lifestyle, London is one of the biggest royal places to come across. Including majesty of the queen and the British royal family. How one can forget to mention Buckingham Palace, which is one of the highly rated, expensive suites in London. With the 17 million overseas visitors, London is one the highly visited place by the tourist across the globe. A major attraction for the London city's are museums, sporting venues, theaters, etc. Apart it is also known for so many royal luxurious hotels. The British capital has accommodation to suit every budget, but if you want to visit London properly, you’re really going to have to splurge.

Let's have look at the most luxurious hotels and suites based in London. Grand hotels giving you the experience beyond the revolving doors. The reason behind the royalty of hotels in London is these are inhabited by billionaires.  Money is no object even the smallest suits have something back for the big rollers. Step aside and feast your senses on London’s sweetest suites.

Here mentioning, the most over-the-top stays in town.
1. Royal Suite, Claridge's: It is more similar to the New York City’s Plaza Hotel, opened in 1856. Located into 2400 sq feet regal style royal suit, known for its ample doses for drama. Guests convene in a deep-red reception hall, Victorian dining room covered in 19th-century French architectural prints and a living room with the number of luxurious items including piano.
2.The Royal Suite, InterContinental London Park Lane: One of the highly recommended royal hotels, once served as a childhood home for Queen Elizabeth. Dedicating a complete 8th floor to her majesty. The many sketches of horses and corgis, the queen’s preferred dog breed and paintings will catch your eyes.
3. Opus Suite, The Berkeley: Designed by HongKong based architect, providing stunning views of Hyde Park and surrounding Knightsbridge. The artistic open-plan layout includes a spa-like shower room whose freestanding bath was carved from a single piece of marbles and very rare to experience, including with centerpiece kitchen and chefs.
4. The Apartment, The Connaught: The Connaught’s penthouse suite, having the master bedrooms and sizable second bedrooms make this place highly selective for the families. Decorative living rooms with the vaulted ceilings and handcrafted velvet furniture make your afternoon and evening time more enjoyable.
5. The Royal Suite, The Savoy: Looking for views of the Thames you’d do well by this splurge. It is lavish Royal Suite, including big bedrooms, the 12-seat dining room, lounge with a private bar, and Morning Room serving breakfast. Apart, Royal Suite guests are also treated with exclusive use of the Royal Circle, a private section inside in the American Bar. 

Visit these above-mentioned luxury hotel suites London, and make your holiday fill up with the more fun and time spent in quality.

How Chat bots helps Businesses improve Customer Service?

The key to increasing sales and customer loyalty is by improving your customer’s experience. Customers are smarter today and they expect you to be adept at your communications with them. Chatbots are self-help tools for improving communications. Brands can use it to improve their customer’s experience, to generate more sales and build a deeper rapport with customers. They allow your customers to easily interact with your brand through stimulated conversations. A chatbot is a software that can converse with humans via a live chat interface. That can happen on a brand’s website or app, or through platforms like Slack, Skype, Facebook Messenger, WhatsApp. Simple chatbots scan the keywords in a customer's inquiry to deliver pre-packaged answers, while more sophisticated chatbots.
1. Chatbots Can Help You Save Cost on Customer Service: Customers want immediate response to their query. They want to be able to handle challenges on their own until they’re no longer able to do it. Only then will they require assistance from a live chat agent.
2. Chatbots Create Engagement: Chatbots are the future of brand engagement. Engaged customers are more likely to proceed to the bottom of your sales funnel faster. Chatbots make life a lot easier for brands. Customers are excited to engage with robots especially when they exhibit some sense of humor or a personality that’s similar to a real human.
3. Chatbots Can Help You Save Cost on Customer Service: Chatbots are cost-effective customer service solutions for brands in any capacity with a high or low budget.
4. Businesses Use Chatbots to Handle Uncomplicated Tasks: Complex questions that need serious analysis are not meant for chatbots. Using chatbots to answer simple questions and engaging customers with offers can be effective.
5. Chatbots Allow Brands to Offer 24/7 Customer Service Support: Customers are happy to get the information they need when they need it. But a customer representative will most likely not be present all the time. A chatbot is always there and very active at every time of the day ready to be engaged.
6. Chatbots Reduce Human Error: One of the reasons we use chatbots is because we want to have time for other things while we allow something else to do our work for us.  Chatbots are designed to have access to enormous information that can help them answer your customer’s questions accurately.
7. Provide Options for Efficiency: Chatbots are not fully efficient as they are still in their early development stage. It’s wise to create options for efficiency by adding possible answers to a particular question that the bot doesn’t fully understand.

If your chatbot software allows you to add a customized welcome message, on-session personalization, you’ll see a huge engagement. When a chatbot is good at what it does, then the customer walks away with a better experience for having used it. 

How to grow your Telegram group for ICO ?

Telegram is one of the highly used and important social media platform and community building channel in the crypto world. Growing on the telegram takes a lot of time money and efforts. Telegram is the platform offers shortcuts that many other platforms do not offers making it more effective. In the world of cyberspace, telegram became an essential part. Although it is very easy but requires efforts to be on Telegram due to the biggest group in the space.  Telegram is the platform having only the niche crowd and thus it provides good return values and active chat to the investors.  Being an active member of the Telegram community and grow your audiences it required to set up a group and make your group grow. For making more people aware of your Telegram group, it is good and important to add a link of Telegram on your website, blog posts and other public profile you are having on the internet. Adding people to the Telegram group is an effective way to grow your group. It is good that you will follow all the guidelines under the Telegram group to get prevented from the scam, ban, etc.

Herewith sharing some tips to grow a Telegram group :
1. Always try to build a personal relationship: Realize people that they are dealing in their home place, make them feel that they at home. Your Telegram community would be a place where they can discuss and share project-related items, and many other personal things. Try to be a digital friend with people from different places and the countries. Personal relations also helps you to create a good reputation with the community members.
2. Share insights and new information:
New investors are always hungry for new information relevant to the market's prospects.  Don't make them wait too long for new information, announcements, etc. Be active and informative try to participate in communication in a positive way, avoid scams and negative communications. Never be a silent member in the group, along with avoiding over activities which are meaningless.
3. Launch A Contest And Questionnaires: To be the interactive and increasing interest of the people in the community you must organize contests and the questionnaire with some good rewards and point as to build more interest for the people. One can notice and for sure track the increase in the growth rate of the ICO campaign after introducing a particular contest and rewarding activity.
4. Share new thoughts and information: People in the Telegram is very techno-friendly and always looking for some good and new information. As every new engagement in Telegram community is countable. If there is a lack of new information, always try to ignite the communication. Make it is interesting for people and community members.
5. Maintain quality and answer all the question: Do not welcome every member and people, always try to maintain the quality of your group, avoid fake users. Other members will appreciate your efforts in channels as more good it will be communication and active. Always try to answer all the questions coming into the group. Be answerable for unique and quality based queries. It matters a lot if you answer all the questions.  It creates a feeling of care and trustworthy relations.
6. Be A Listener: Be a good listener, it can be a good and valuable thing if you having the quality to listen to other members, apart from always be questioning. Your community is your biggest shareholders and thus it is important to take their opinions as it does matter a lot.
Airdrops paid marketing, referral programs, influencer, social media, community outreach programs are the major marketing tactics to drive growth for your Telegram community.
Growing a Telegram channel is the process requiring efforts. As there will be more people getting engaged in your community faster it will be growing. Try to follow more people as in the networks the rule effects is that followers beget followers. An active social presence represents the sign of a valid enterprise and is the sign of a reputed organization. An effective Telegram work strategy will help you attract more potential and loyal investors and increased growth chart.

How to do effective ICO Community Management

As an ICO community manager preparing an ICO community marketing strategy is always difficult due to a big process included with answering many questions in a highly appropriate way so that you can save the company and campaign from unwanted legal issues.

The company needs to hire quality resource and manpower into generating a successful campaign. And effective communication by an ICO may lead your business to gain high advantages in growth rates. For the right participation in the community, always hire ICO which are smart, proactive and have the ability to participate vigorously.

ICO Community management is emerging as a big challenge due to different time zones, channels, a different type of people and interests. And here on these channels, every single user coming is a potential investor for you. Thus, and ICO community manager must be impactful in all the condition and should be capable enough to handle all the types of communication under the community.  How fast you will answer in the community, the same way you will be putting a remark in the mind of investors. The more active you are on this channel in the same way you will generate your credibility in the community members. And all the efforts of your ICO community managers with effective community management helping you to bring investors for your business.

It is always a good option and opinion to hire someone from the community as they will be having an accurate idea about the cryptocurrencies and can help you. ICO community managers should have communication which is credible and authentic. While you see effective community management you will be finding that your ICO is participating and dealing all the matters and different channels very quickly, answering so many questions in a day and have very active participation in the group. Always before creating an effective communication try to ensure and hire an ICO manager which is very affordable and effective in communication. As into this fast-growing digital space, it is important to be very smart to follow the track of competitors as ICO market is just too big to rest.

If your community managers are organized and have strong knowledge about the community channels along with the features and how to handle personal messages, pinned messages, spamming and blocking it will be highly beneficial for increasing brand value for the business/product/business. It is very essential to have good communication skills, along with written and verbal skills in different languages and grammar. It would be really a great advantage if as ICO you can handle queries from multiple languages. One of the important levels in the crypto market is that the ICO community manager must have knowledge and interest in a particularly relevant topic, it could be anything.

For creating a better atmosphere in a community happy and growing it would be really good to act through communication rather than reacting. Always try to avoid conflicts and unwanted communication creating disputes. Community manager always requires to work constantly as an investor and members can go through your history and if they found you improper in replies and communication, it can be signed to lose a potential customer.

As a company always provide detailed information to the ICO managers with all the relevant things including team, ICO, and partnerships. This will generate positive and reliable information and will open the way for future communication ahead.
Select the right channels :

Effective and impactful communication starts from the community or channel you are participating. It is not difficult to sign in a particular channel rather than maintain all the channels you are participating in. Mentioning two platforms through which it is good to generate direct communication as on twitter one can use hashtags and on the telegram has the facility to pinpoint on every message. Both the platforms are a great place to draw attention from the investors based on different topics and communities. There are so many channels and platforms are available apart from these two but these platforms are not recommended due to so many scams.

To generate an effective community management system it can be said there are so many things which need to keep in mind and can not be avoided. Build a strong base in the community from the time when you start doing an ICO, it will help you at the time when there is some strong, relevant and serious communication. ICO community managers must be sincere, experienced and knowledgeable. Maintain clear communication with bounties. Be ready to tackle all the situations either it is criticism, feedback, good news, bad news adapt your own strategy to build a successful community in the community in ICO community management.
   

ICO related claims and insurance :

ICO’s and blockchain tend to pretend as a disruptive technology. Some argue the contrary that blockchain is a technology which has the potential to create a new foundation for the economic and social system. This argument for Blockchain technology can be proven as uncertainty in the ICO world space specifically for startups and the low financial business. Is it possible that companies participating in ICO's are getting insurance and protected for another part of their business?

Blockchain and ICO's are two different things while it comes t the insurance of such type of commodities. We are mainly focused on ICO's work process where financial scenarios get completely changed in term of tokens, digital coins, and third-party buyers via blockchain distributed ledger. No conversation and communication about insurance for an ICO can get completed without regulatory information.

While there are flashes of optimism in many statements from officials speaking about blockchain technology, more often the focus seems to be on the potential for fraud, money laundering, and other criminal activity. So no conversation about insurance for an ICO can be complete without discussing the potential regulatory intervention.

D&O insurance for an ICO: This kind of insurance for ICO is designed specifically for directors and officers. This insurance policy is designed for providing claims to the shareholders and the regulators and others which are related to the securities.
Crypto theft and crime insurance policy: Do you ever thought that crypto theft is possible or not? Is that unique risk as digital theft can be faced by cryptocurrency. Any of the digital company having so valuable stockpile or properties may have the chances of the property being stolen. The insurance market has responded to this risk and to save ICO companies from these challenges.
Crime coverage: Digital currency may also have a risk of theft including social scams, due to the unique nature of the cryptocurrencies, have typical crime policies may not specifically cover the loss. There should be certain laws and regulations to cover these exposures.
Some other key coverage: Apart from these two major insurance policies from D&O and crime insurance coverage. To get protected yourself from traditional exposures required for running a business, one must have to cover in place including general liabilities, cyber liabilities, and other liabilities in terms of companies security and insurance.

“Securities” subject to state and federal regulation: one of the most primary focus is for evaluating that cryptocurrency tokens at issues for securities, subject to state and federal regulations. And thus assuming coverage is available. Till the time when coin offerings are exempted from the registration, companies will look in the public company D&O forms which coverage for securities claims and generally harder to place subject to underwriting requirements.

Apart from mentioning clear evidence of risk: Some of the information available about the loss faced by crypto startups due to the certain mentioned reasons. State securities regulators sending cease-and-desist orders to crypto companies on the grounds that they’re issuing or trading securities illegally.
Uncompleted ICO’s generating class action lawsuits from prospective token buyers. The SEC launching a massive investigation into the structuring of ICO’s. Thefts of cryptocurrency getting bigger and bolder. While it comes to the insurance policies companies considering ICO's have to walk a fine line. They should use best efforts to protect to comply with the relevant laws.
It is very important for any of the companies, to get secure and protected in terms of insurance and other liabilities for securities. And thus it is important to hire an appropriate company to save you from cryptocurrency risk.

Always select and retain a good broker, For an ICO services provider's insurance policies it is important to select an insurance broker having deep knowledge, experience and expertise in cryptocurrency exposures. Your insurance brokers must have the skills and ability to protect you from the risks coming in the way of business.