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The free Ethereum ICO WordPress Plugin version is enough to configure a fully functional ICO site. However, it is not capable to handle high traffic when your ICO launches. You are recommended to upgrade to the PRO version in this case.

The PRO version also has some advanced features:

You need to install some WordPress Cache plugin to the PRO version to work correctly: ICO Launch: WordPress Cache Plugin

See also: Upgrade Free to PRO version, Install PRO Ethereum ICO WordPress plugin, Install free Ethereum ICO WordPress plugin.