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Do you really get paid after ICO's?

sayrosezelle

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I'm still new when it comes to this subject, one of my relative keeps asking me to signup to these ICO's for free token in the future. I've signup to some of them but my question is, can you really get your tokens after the ICO's and turm them into cash?
 
ICOs are all different.
There are a few keypoints to ICOs.
There are multiple ways to hold an ICO:

1. Most let you buy directly on the site, and when the launch is due, they send the tokens directly to your wallet.
This usually lets the price dump.

2. Some ICOs hold phases.
This means you get more the earlier you bought.
Only early investors will get lucky, its an unfair way to hold an ICO in my humble opinion.

3. Some ICOs use direct swaps.
You send eth to an address, and the contract attached to that wallet automatically send your coins in return.
Also here, usually ICO holders dump funds fast for profit, you usually lose money.

4. Some ICOs have staking airdrops.
This means that they slowly release token rewards to every holder. You simply buy from their site, and they slowly send tokens to you.
A good example would be Stoink (announcement on BMF here).
This way nobody can dump early and it gives the price a chance to stabilize. These rewards usually lower over time to give early adopters a chance to increase their holdings.
This usually is the best way to join an ICO because you can talk with the team before the ICO is done.
 

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