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Benefits and Outcomes to Start-Ups under the “Startup India” Scheme
India is a rapidly developing country, and one of the main reasons behind this rapid development is the numerous entrepreneurs in the country. Because of the entrepreneurship, only multiple jobs are created across the country. Startup India is a separate plan to elevate and nourish the entrepreneurship by providing them financial and other supports to encourage their path of business. India is the third largest spot for the startups in the world, based on the reports by NASSCOM and Zinnov. Around different types of sectors, various startups are growing like a wildfire. This is absolutely a healthy development and it should be encouraged so that only it can lead to new innovations and job creation around the country and can positively impact the social economic conditions of the country.
Establishing a startup in India
Several steps are there in fixing a startup with a firm foundation.
At first, the business should be incorporated as a private limited company or a limited liability partnership or even a partnership firm, so that it will be a legal entity. Furthermore, certificate of partnership and incorporation registration, PAN and other compliances should be obtained.
To register in the startup India website, go to the portal and register your business details as the startup. Fill the form about all the details of the business. All the necessary requirements such as important documents and other needed details should be uploaded. Documents should be in the PDF format while uploading in the portal. Following are the must document to be uploaded in the firm registration process,
- i) Letter of support or recommendation
Letter of recommendation should be attached to the registration form while submitting.
- ii) Incorporation/Registration Certificate
The certificate of incorporation of the company is an important identity for the company and so it should be uploaded.
iii) Description explaining about the business
Provide information about the products and services of your business and other innovative outcomes from your business. The products and outcomes should be innovative enough, with new methods of incorporation than conventional methods.
Availing the tax benefits
Startups were able to release from the income tax up to 3 years. These kinds of benefits can be only able to get by the company if it is a certified startup by the Inter-Ministerial Board. Startups which are recognized by DIPP from the Government of India can easily get the benefits of Intellectual Property Rights, instead of availing the additional certification from IMB, with just a single of “YES” the application will be shared directly with the Inter-Ministerial board.
Checking out the conditions
The following conditions should be satisfied by the startup,
- The startup should be registered as the private limited company or partnership or limited liability partnership.
- In the previous 5 years, the business should not be registered in India.
- The total turnover gained per year should not exceed 25 crores.
- The business process should move on towards innovative things or should be capable of emphasizing the existing technological features.
- The startup business must not be an outcome as a remodel of prevailing business.
Getting the recognition number
After the investigation of all the necessary documents, the certificate of recognition will be given and a separate recognition number will be assigned. The uploading process of documents should be carried out meticulously, as if any errors such as missing of any important document or any other wrong document or if the document is found to be forged, it can lead to several problems as paying a fine of 50% of paid-up capital of the considered startup and additional minimum fine of Rs. 25000.
The above-said steps are the necessary steps should be done for the registration of a startup in Startup India scheme.
Benefits and outcomes from the startup India scheme
- Self-certification for the startups is comprised of nine labor laws and environmental laws. For the labor laws, there will no inspection for a period of three years.
- This scheme enables the startups to communicate easily through the mobile application so that the process of uploading the relevant documents to the portal becomes very easy one for the companies. Other processes such as clearances for the approvals, filing complaints are also done through the app.
- Startup India eases the patent filing approach. The companies are able to get a rebate which is 80% of the fee of the patent application. For the startup, it is enough to bear only the statutory fees and the government will take care of other facilitator fees.
- Above all the other things, this scheme can boost up the research and innovation among the youngsters who are very eager to implement their own skills in creating a company. Aspiring entrepreneurs can develop through these outcomes, and new research parks are provided for the startups in the R&D sectors.
- Because of this scheme, aspiring entrepreneurs are no need to worry about their prior experience in launching their business. Earlier, experience and prior turnovers are required as the major criteria in providing wide scope and opportunities. But now, these are all changed and equal opportunities are offering by the government to both startups and experienced entrepreneurs.
- This campaign can easily evoke indigenous startups and aspiring entrepreneurs which can create several job opportunities and expand the country economic values. People lives can be made easier through various affordable services, which can be leading support for the country development.

6 Effective Ways to Promote Mobile Apps through Social Media
In this digital world, social media marketing is an effective strategy for the developers to publicize their app and also to make it viral at the same time. Generally, the app developers are making use of social media sites such as Facebook, Instagram and Twitter etc to promote their overall mobile applications. There is a list of ways to promote an app after the mobile application development.
- Strategize your campaign
Initially, before moving on to social media marketing, planning is the most important thing. It is the simplest part and it is also the major foundation of the effective marketing strategy. Always choose the better audience in terms of age and sex. Prefer for the qualified content which is the most suitable one for the target audience. Finally, choose the medium of the social network such as Facebook, Twitter, and Instagram etc.
- Usage of social media sites
The social media sites provide better connectivity to the people. Instagram is the most popular one along with the visuals. At the same time, it can also be used to communicate to the folks along with the pictures. These pictures show each and every detail of the app. One can also interact with the followers and also gain their complete trust.
Facebook is the biggest social media platform and the app developers can make use of their groups including the pages in order to publicize their respective apps for the promising customers. Promotion of mobile applications can be implemented successfully without any complications.
- Google+
Google+ works on the ranking process and in case if you want to increase your potential users, it is better to get engaged in the important enterprises on Google+.
Twitter is well known for its efficiency and also to help the folks to build the trust along with the reliable relationships. This one automatically extends to both of the app developers and the users.
- Creation of reward programs
Generally, the entrepreneurs can increase the audience along with the usage of the virtual currencies along with the digital rewards. Thus there will be a great increase in the major element of engagement. In the field of marketing, there should be a reliable connection with the app and also maintain the trust just by publishing the valuable contents.
Eventually, the mobile web developers have the benefit of the potential user base. There is a list of new apps which are at the top-notch level. It is better to download the app and go for the incentive option in case if the users refer their friends in order to use the app. In case if there is a growth in the user experience, then it indicates that the number of shares has been increased.
- Choose the option of long-term commitment
The social media marketing strategies are cost-effective one and they also require some time to attain the success peak. Then and there should be some frequent updates, only two to three interesting posts is an ideal one and posting of too much will surely annoy the users.
- Creation of landing page for a mobile app
Creation of the website is not a difficult process and buildings of the sites have become simpler. It is always best to get for a professional and it should not be a complicated one. There are many people who are specialized in designing of the websites. What do you mean by landing page? It is nothing but a unique one which is linked to the website that will convince the folks to click on throughout the project. Do not ignore the importance of the landing page and you get help from the others in order to create an effective landing page.
- Go for automation
Most of the app developers do not have time to operate a well-enhanced social media account, but it can be handled in an efficient manner. There is a list of efficient and economical tools to automate all the activities and also it should be published in the advance. You, need not worry about anything several social media management tools are available to just schedule the social media sites such as Twitter and Facebook post in advance.
Author Bio:
Dipanwita Murabayashi is a leading Content Marketer at Doxtar, where they work in developing mobile apps and websites for many services like e-commerce. She is an expert in Content Marketing and Content Developer, the mobile app development by covering all platforms of it. Doxtar is a web and mobile app development company, which develops e-commerce platforms for both desktop, tablet and mobile devices.

Read These Vital Tips Before Your Next Facebook Ad Campaign
Let’s dive right into it!
Facebook has 2.23 billion monthly active users, so the benefits of using this platform are clear. Still, with such a large market, organic tactics on Facebook have steadily declined. As a result, many businesses have turned to paid advertising.
In fact, today it’s more common for small businesses to have a social media account than a website! This can make for a healthy dose of social rivalry. However, finding a niche will drastically reduce the competition.
Much like the climate of social media marketing in Cape Cod, most companies only face a handful of competitors. And generally, their SMM game isn’t all that great.
Considering all this information; what can you do to run a strong Facebook ad campaign? Take in this essential information:
1. Why You Need Paid Facebook Advertising
You might have heard that organic reach on Facebook is dead, and paid advertising is the only way to find success in 2018. But do you know why that is?
Well, the Facebook newsfeed algorithm is heavily focused on showing users what interests them, which likely isn’t a company page. So, with only 4 out of 10 users following their favorite brands on Facebook, you know that 60% of users won’t see an organic post.
While Facebook’s objective is to engage users for longer, business pages are put on the back burner. In turn, the state of organic reach has been steadily declining every year, and with it, post engagement has also suffered.
That’s not to say that organic efforts are totally futile. Rather, they need to be paired with paid advertising to help build any real success. A few successful ads can do a lot for your organic marketing efforts. So, you need to get familiar with your options.
2. Know Your Ad Options
If you’ve ever ran a social media campaign, you probably know about boosting posts, promoting your website and event advertising. While these kinds of ads certainly can increase reach, they start to seem stale and limited after a while.
To take your marketing game to the next level, check out some of the other opportunities that the channel provides. They have tools to help you create engaging ad posts and other options for where to place them.
Enhance your strategy with these ads:
Instant experience: These expanding ads are 15 times faster than any website. They present modern ways to connect with your target market. They come in different formats like lifestyle photos, videos and images, which are used to help give context, sell products, tell stories and more. They also have convenient features, such as popup contact forms that make it easy for users to get in touch.
Facebook story: 68% of users engage with Stories at least three times a day. This equates to millions of people who could see your ads through this channel. This platform is not only great for marketing products and services, but also for strong branding strategies too.
Videos: Compared to a year ago, views have increased by 258% for branded videos. So, if there was ever a time to hop on board, it’s now. 59% of people would rather watch a video about a subject than read about it.
In fact, videos have become so significant to internet marketing that they deserve their own section.
3. Use the Power of Videos
45% of people watch over an hour of videos on Facebook daily. Herein lies a golden opportunity. In-video ads are much like a standard television commercial, but online. These ads interrupt longer videos about halfway through – which may explain why 70% of them are viewed to completion.
Still, for video ads to be effective, they need to instantly capture the viewer’s attention. People watch Facebook videos on mute 85% of the time. With this in mind, one should prepare to engage consumers in different ways with and without sound. Subtitles are proven to be ultra-effective in this regard. But of course, keeping their attention is just as important as capturing it in the first place.
For this reason, you should keep your video content 5 – 15 seconds in length. Though Facebook allows videos up to 31 seconds long, you run the risk of losing your viewers. Instead, go for a direct and entertaining 6 second video, as they seem to get the best feedback. Of course, the best approach video marketing is to know your audience well.
4. Target the Right Audience
Have you ever heard of life event targeting? This is exactly what it sounds like, marketing towards people who are experiencing significant changes in life. This could be a new relationship, buying a home, a funeral, a graduation or almost anything else.
Here’s how it works: in the detailed targeting section choose the life event, then in the next section, select an additional interest. You can even set a time limit for 3, 6, or 12 months from the date of the event.
So, for example, if you started college six months ago and have an interest in traveling, you may get targeted by study abroad programs. These can get super specific, which is helpful when your business is very niche. In the same way, you can direct your ads to exactly the kind of person you are hoping to snag as a lead.
Just make sure to remain open about who you are targeting towards. The inbound marketing approach suggests creating a few different personas toward whom you can market. Think about the common details of their life such as age, gender, location, career, likes and dislikes.
Get Help
Never forget, if social marketing is too time consuming or simply not your cup of tea, you can always get help. A talented digital advertising group will help you gain the business exposure you deserve. Remember, marketing on social media for most small businesses is a necessity these days. So, don’t miss out!

Tips to Configure a Netgear Wireless Router
How to configure your NETGEAR router for cable internet connection with Smart Wizard
A wireless router is the key element and the backbone of the home networking system. If you are trying to establish a network or want to complete the process of Netgear Extender setup, then you have to set and update your router to prevent your connection from unauthorized attack. First of all, you have to complete New Extender Setup and then configure your existing router.
In this article, we will lay down a series of creamy smooth steps for you of installation and configuration of Netgear wireless router. Let’s proceed.
1. Update Netgear Router’s Firmware
The web interface of your wireless router varies on the basis of firmware updates and manufacturer. On the other hand, it is also worth notable that mywifiext.net should show at the top of the web page. Also, remember that it is significant to verify that your device actually consist of the latest version of technology before proceeding further with a secure configuration.
Suppose, if your device makes use of mywifiext for login, then consider following some below-mentioned steps.
- Go to advanced section.
- Now, on the left side of the page, select the firmware update option.
- By clicking on the check button, confirm whether a new firmware is available for your device or not.
- Moreover, walk through rose-petal on-screen steps in order to proceed further with the updating process.
Note: some devices allow you to save the file on the screen of desktop or laptop. Here, you have to make sure to keep your wireless devices up-to-date.
2. Change the Admin Password
Nowadays, we are all aware of the fact that every wired and wireless devices comes with security updates. Hence, it would be a great idea to change mywifiext.net login password as the default and easy password is very easy for unidentified people to detect. So, it is strictly recommended to create a strong password with lack of dictionary words including mobile numbers and birth dates.
To make changes in your password, pull up a web browser, navigate to www.mywifiext.net and select advanced section. After that, click on the option set password and make changes as per your needs and requirements. At last, hit the apply button.
3. Configuration of LAN Settings
So, you have finally changed the admin password and updated the router firmware to the latest version. Also, remember that there are still some settings which may put your security at high-risk. In case your Netgear router uses the default factory settings, an unidentified person can easily guess, enter in your home network easily and ruin all your bandwidth.
To fix this issue, change settings on your router. To do so, go to advanced tab and hit the LAN setup button. After that, you can freely type the new values next to ‘IP address field’. It is also advisable to note down the new IP address of your device for future use. As soon as you done with it, hit the apply button. You will soon get a notification ‘you have successfully changed the address of your device’.
Now, you have to reboot your router. Note down that it will take some time depending on your device’s speed, so have patience. In order to confirm access, enter new address. Moreover, check DNS settings and make changes into them according to your needs and requirements. At last, hit apply button in order to save the entire changes made by you.
Important Note: Ask our tech support team for Netgear WiFi Range Extender Manual.
4. Configuration of the Wireless Security
Nowadays, most Netgear routers are designed in a way to protect your data from threats. On the other hand, they are configured to utilize easy but insecure WPS (WiFi Protected Setup) method by default. Moreover, it also allows the users to connect to a network by just entering a pin code.
In order to change wireless security settings, go to wireless section and hit the WPS settings. Moreover, check the box that says enable router’s PIN. Once done with the process successfully, apply settings and after that wait for a five minutes to let your smart device come into effect. Visit us for Netgear Extender Support. Trust us; here with us you will get an instant solution to your problems.
So, that’s it. In this way you can configure your wireless router after configuring your Netgear range extender.
Note: As soon as you changed settings as per your needs, do not forget to log out from the web user interface.
If you need more assistance and want to know something more, you are free to drop your questions and queries below.

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Trending Digital Marketing Strategies To Reap Profit
With evolving technologies, the old marketing strategies of companies have also evolved in an extremely intelligent way. Marketing plays a crucial role to introduce your product to the audience or consumer. Before the digital marketing strategies are being discussed, let’s get a concrete view on how marketing works.
Customers are the king of the company, and it is the utmost duty of the company to take care of its patronage. Marketing is the key component to reach out all the customers of a company through various strategies, and increase sale. Marketing informs the audience about the product and various services the company performs.
Marketing also helps a company to understand the customers even better by establishing a strong network. And without knowing your customer’s need, you cannot ever see profit or success.
After you get to know your customers, marketing helps to boost sales of the product and services and please the patronage. Marketing engages your customer deeply with your company as they feel indifferent from it. In this way, the consumers gain faith over the company which is extremely beneficial.
These all are the primary function of marketing of a company. Now in this rapid era, when everything is digitalized, so is the marketing. When all the functions of marketing are performed in an advanced and digitalized way, that is Digital Marketing for you. Now let’s see what are the trending digital marketing strategies to reap profit for IT your company.
Artificial Intelligence is the new inn
It was shown in sci-fi movies where AI’s were used for various tasks. But it’s no more a movie now, in our day to day life, AI has a crucial role to play right now. As well in digital marketing. AI can efficiently research consumer behavior and their respective search patterns. Which also helps you to gain the individual personalized choices and preferences, knowing your customers way better than ever before? And once you know your customer, and you can deliver their needs. Reaping profit will be spontaneous enough. Utilizing data from social media platforms is the best way to implement AI. Digital Marketing Consultant in Delhi NCR is a pro at using AI-based marketing strategies.
Programmatic advertising has more potential
When you use AI to program the ads to the targeted audience on the basis of their recent searches on the web, or on the basis of what they are talking over the social platform, that is programmatic advertising of a service or product. Now when the consumers will only see ads of the things they are interested in, the profitability increases rapidly as most of them will opt to buy the product. Unlike previous methods where a maximum of the audience was reluctant to buy any product or services as it was not of their interest. So definitely programmatic advertising has much more potential than normal advertising. Digital Marketing Consultant in Delhi NCR uses programmatic advertising to engage more and more customer for your company.
Chatbots are the new customer executive
The time is gone where your consumers used to wait on the phone call to reach your customer care executive. Chatbots are the new customer care executive. Easy, fast and compact and crisp information within seconds. Anytime, anywhere, and everywhere. The AI-based technology uses an instant messaging format to chat in real time. It enables smooth and instant communication between your company and its consumers. In fact, many customers prefer chatbots over human communication as it is a lot less time saving and hassle-free. Please your customer preference, profit will be easy. Digital Marketing Consultant in Delhi NCR, proficiently uses this trick.
Influencer marketing is a well-organized grapevine.
In the era of YouTube, Facebook and Instagram, people have their own favorite Youtubers and other social media stars, or even digital media stars. What influence marketing does is spreading the words regarding your Company’s product and services through them, to their audience. In this way, the audience will be easily influenced to buy your product, as the person who is spreading the words is liked and massively followed by them. It is a controlled form of grapevine. Of course, the social media Influencers cannot promote anything which is up to the mark, and it is known by their viewers as well. So it builds up trust very easily. Digital Marketing Consultant in Delhi NCR performs the influence marketing technique pretty well.
Micro moment advertising is the best way to get along with consumers
From a survey, it is claimed that a normal person spends a minimum of 4 hours a day on their smartphone. But not all throughout. They at least open each social media app 8-10 times a day. While scrolling over the feeds they are ready to spend 20-30 seconds on average to read your advertisement or see it. Now Micro Moment Advertising is advertising in micro-moments. Suppose a Micro tale of 28 words on a social media content will only take a few seconds to be read, but in that few seconds, your marketing work will be done. Digital Marketing Consultant in Delhi NCR uses this technique as well, very much effectively.
So it is very much evident how Digital Marketing is taking over the ancient way of marketing. And it is becoming easier for the companies to interact with their patrons and provided them even a better service.

Boost Your Organic Traffic and Rankings with High-Quality Backlinks
Quality over quantity!
Google goes by that mantra. Your website better has high-quality backlinks for it to be ranked better than others by the search engine. Google has been long known for prioritizing websites that have backlinks added to the content. In some instances, Google has even hinted that the search engine drops the rank of those websites that fail to provide backlinks. Following this, the businesses have been extra cautious when adding any backlink to the website or a webpage. I was going through Frontier Package deals on the company’s website recently when I came across a link. On clicking it, I was redirected to a page that displayed an error. Instantly, I realized that the company would need to eliminate this link so that the ranking does not suffer.
Here is how you can have access to high-quality backlinks to avoid the traffic on your website from suffering:
Content is Key
Original and unique content is the key to earning quality backlinks. There are numerous users present online who are sharing millions of tweets, memes, and videos at any given minute in time. Under such a scenario, what will make you break through the clutter is the crisp and new content. This does not mean that you start posting things that are out of context or do not relate to you. Posting ‘just for the sake of it’ content will not get you anywhere as well. Relevance matters as much as quality does. Apart from that, make sure you update your website on regular basis. Don’t be afraid to write unusual or unorthodox content, if the experiment fails, you still learn. No one is interested in reading what he or she already did a month ago. If you do not have anything new to offer to the readers, do not be surprised if Google drops your ranking.
You have been warned!
Infographics Here to Rule
According to studies, individuals tend to share infographics more than articles with nothing but solid text. Infographics are attractive and catch people’s attention more than the boring text does. Moreover, you are able to convey your message and any statistics in a very concise and eye-pleasing manner. It is for this reason that infographics help you to generate more backlinks (quality ones of course). However, infographics should incorporate some eye-catching designs and verified statistics. Without the striking details, infographics lose their essence and the sole purpose dies.
My suggestion: infographics over text anytime!
Put Your Socializing Skills to Use
The more the merrier!
Yes, this holds true. The more the people will know you, the more will be your chances to get access to high-quality backlinks. Remember that you need to tell people that you exist. No one trusts an unpopular website or brand with its backlinks. You need to build a certain level of trust before people start recognizing your ad that will not come to you if you confine yourself to the four walls of your office. And this requires hard work apart from patience. You cannot expect to introduce yourself one day and have a million followers the other (unless you are Beyoncé of course). So, keep trying and reaching out to people. Gradually you will build relationships with some of the giants in the market. But the key to this is to be very active on social media. Another way is to get yourself or your website cited on online platforms. This is what they call the modern day publicity tactic.
Don’t be Shy to Collaborate
Collaborations do for you what others cannot. They earn you the recognition and followers that would have otherwise taken ages. You should consider pairing or teaming up with a famous blogger or influencer and get the game going. These famous personalities already have a very high fan following and people listen to their word. So, if you can get to collaborate with them (as in be a part of their story or get a shoutout from them, for instance), half your job is done. This technique is adopted by many newbies who wish to get links to some of the celebrated websites. And it works every time.
Apart from employing any of the above-mentioned techniques, you can always resort to tactics like performing experts’ interviews and stealing competitors’ links. All these tricks will help you in getting high-quality backlinks that will automatically increase your ranking on the search engine. Frontier Cable and Internet is a renowned cable service provider but still, the company gives it all when it comes to adding backlinks that will earn them an even better ranking.

It is how web development can feed revenue to a newborn baby business
The days are gone when people were choosing traditional marketing strategies – now the world has been transformed, people love to rely on digitalization instead of grasping on those pamphlets, flyers, banners and so on. There are the numbers of advantages for firms who own the websites whether they belong with startup business firm or sizeable well-rooted company. Well, it will be shocking to know that there are around 45% of small business firms who don’t have the websites yet – also, 11% are not interested in developing and nearly 5 to 10% are still not sure. But the smart business firm that knows people spends their more than 4 hours on the internet – and that why they are ruling on the competitive edge of a market. Grasping an online presence was, is, and will never be an unbeneficial for business firms.
Moreover, you don’t have to invest any mega amount to develop a website – you can still create an app from low-budget-investment. The reasons few small business firms owned a site is that they know people are digitalized day-by-day. Let’s break the benefits under different headings.
Tiny investment with mega benefits
Usually, the startup business firms don’t have a mega-budget – they avail assets which help them to build their roots stronger and that exactly what a website does. Website not only shows your business’s online presence but help customers to get the knowledge about your company. Also, availing the web development services in USA assists firms to get a decent profit in the future. So if any of you has just stepped up on a platform of business development then owning a website will make your revenue vault healthy.
You might be thinking that it’s expensive, but the truth is whatever the up-front capital you have is enough to develop a website on a low budget. It’s not necessary that startup firms can produce a highly detailed site or application, but it’s also an undeniable fact that such assets convert traffic into the customers.
Audience reach due to the 24/7 web accessibility
Doesn’t matter which kind of small business you’re operating, by owning a website your business will be available 24/7 without having the breaks or anything – even at the weekends it will be more active to encounter the competitors.
Websites have the power to run your business even when it’s close at night that means website can still make the earning for your business, and it could be more significant to say, it can give you an unstoppable earning. It is one of the most convenient ways to attract the customers towards your business.
Moreover, website can create an online presence of your business, and it can deduct the distances. It spread the target audience, and accomplish the deals and sales with the customers that are far from you or unable to reach your physical store. It will not be wrong to say that an entire world is in your reachability.
Online Promotion of the startup business
Promoting the small and startup companies on the multiple channels on the internet is so more accessible, and it is for those who have to own a website. A brand can get the maximum number of social media marketing advantages for business if the posts of your social media contain the links that can direct social users to your website, on a place where they can get more information about your business.
Wrapping up
Lets’ warp it up in one sentence, having a website can give stars to your business, not only by an online presence but through offering numerous solutions. Moreover, it can spread the awareness of your brand at every single corner of the earth.
Author Bio
An article is a base on the benefits of website presence. The writer has taught us multiple benefits that can come by owning a website. She has won various awards by making and participating in the content writing competitions. Nowadays, she is working as a professional writer at web development services providing company in the USA.
- Marilyn Delvin

Steps for KYC verification on Cryptonomos platform
KYC verification is quickly becoming the ideal mode of verifying the identities of users that are interested to participate in an Initial Coin Offering i.e. ICO. KYC basically stands for Know Your Customer and it means that a business collects certain verifiable credentials from a potential user before registering them on to their platform. This KYC verification safeguards businesses from online identity thefts and ensures that only the users with genuine credentials are registered on to a business platform.
Why ICO needs KYC?
As ICOs are basically conducted by blockchain based technologies to sell their utility tokens, it is imperative that only reliable and genuine customers sign up for a token sale. An ICO conducted on the back of a reliable KYC procedure not only earns legitimacy for the token sale but results in greater transparency and goodwill.
Cryptonomos is a favorite platform to perform ICOs by major token offering businesses in recent years. As a responsible business venture, cryptonomos also allows only those users on its platform or to bid in an ICO, that have proven their identity with the help of the KYC verification system. It is important to note here that not all ICOs being conducted on cryptonomos require KYC verification. It is prerogative of the venture offering ICO to decide that whether they want to perform a KYC verification for their investors or not. Another important aspect about KYC verification on Cryptonomos platform is the fact that once you have gone through KYC procedure on cryptonomos, you don’t have to perform it yet again for another ICO until you are using the same account.
KYC verification on cryptonomos
Whenever you choose to invest in the cryptonomos platform, you are asked to perform KYC verification. This step is mandatory for buying tokens that are issued by companies that make KYC a pre-condition for token sale.
You are asked to fill a form by the crowd sale website. The form will collect information such as:
- Your country of origin
- Your first name
- Your middle name
- Your last name
- Your date of birth
- Your Address (Date of residence, street, city, state etc.)
After you have filled the form, you need to press “Start Verification”. After that, you are taken to a third party verification service. You will be asked to provide the same basic information and afterward, you will be asked to send in an identity document for verification of your credentials. You need to remember that you have to present only the identity document that has been asked of you. You cannot show a driving license in case you are required to show your passport to the verification screen.
Once you have uploaded the document, you will be reverted back to the original website page of Cryptonomos. Meanwhile the third part KYC verification service ascertains the authenticity of your provided identity documents and makes sure that your declared credentials are same as the ones printed on the official identity document.
KYC verification Status
If your KYC procedure comes back with positive results, you can carry on investing in token sales and tokens will be issued to you at the conclusion of ICO. In case, request for verification is declined by third-party verification service, cryptonomos will not sell you any token that you wanted to invest in. In fact, in case you have already put a bid on a token sale, cryptonomos will pay you back your money in the appropriate currency that you paid for buying the utility tokens in ICO.
Shufti Pro is an identity verification SaaS product that can verify identities of potential investors in real time. It not only offers KYC verification services but also performs AML screening on behalf of its customers. Several ICOs have already utilized KYC verification solutions from Shufti Pro to ensure transparency and to avoid investors with fake credentials.
How Often Should You Release Software Updates for Your Apps
When it comes to mobile app development, it is quite common for every developer to wonder how often should they update their application. You know that you have to patch bugs the moment your users report them. At the same time, you don’t want to push too many updates, as your users may find it annoying.
As a developer, you face the dilemma of not knowing when to update your mobile app as it can make or break the experience for your users. Here are a few tips in mobile app development which will help you decide when you need to roll out an update:
According to feedback from users
You should release a software update for your app according to feedback from users. Once your app becomes available in the Google Play Store and Apple App Store, you can’t take a step back and relax. You should always monitor the feedback from your users to see how you can continue to improve your mobile app and customer satisfaction. For example, if a large number of users are asking for a specific feature, you can implement it in your app. Similarly, if there is a decrease in rating, it is an indicator that there may be a bug you might have missed.
Every month
If you look at every successful app, you will notice that they update their mobile app every month. By following this timeline, you get adequate time to fix any problems with your app. Also, it ensures that your app remains relevant to your users, without annoying them with a large number of updates. Even if you don’t find bugs, you can focus on improving its performance and reduce battery drain.
To release new features
Every time you want to implement a new feature in your mobile app, you should release an update. Keep in mind that the update you release should improve the user experience. Due to this reason, you should test out the feature extensively, before pushing the update. If there is an error you didn’t account for, you should make it a point to fix it as soon as possible. Also, try to fit the development time for the new feature within two weeks, as it gives you enough time to fine-tune the update.
By following these three tips, you will have a fair idea of how often you should release updates for your application!
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