The definition of ICO
ICO is the abbreviation of Initial Coin Offering, a revolutionized way to raise funds for based on cryptocurrency projects by releasing tokens.
Most successful ICO
•ICO Period: 20 July 2014 – 2 September 2014
•Funds gathered (USD): $18,439,086
•Funds gathered (BTC): 31,529.49
•Profit percentage (In BTC): 3900%
How does ICO work?
ICOs are usually announced on cryptocurrency forums such as Bitcointalk, where the significant information including the team idea , a whitepaper, timelines, goals and other documentation will be presented.
•Choose an upcoming ICO with transparent and comprehensive details.
•Buy the ICO tokens with Bitcoin (BTC) or Ether (ETH) .
•Earn profits when ICO tokens get listed of cryptocurrency exchanges to trade against other cryptocurrencies.
What’s the advantages and risks of ICOs?
•ICOs provide an alternative way of crowdfunding.
•An professional and experienced team will make your funds in good hands.
•The open-source nature of ICOs will cater to the preferences of more targeted audiences.
•The price of ICO is fluctuating.
•Some ICOs are outright Scams.
•There are no laws governing ICOs currently.
•There is no guarantee that all the project details are 100% real.
What is the difference between IPO and ICO?
IPO VS ICO
IPO (Initial Public Offering) implies the first sale of stock issued by a company to the public.
ICO (Initial Coins Offering) implies the first sale of a new coin issued by a startup cryptocurrency company to raise funds.
ICOs provide a popular way for cryptocurrency project creators to raise money and undertake the expenses. All investors may get high returns if they select notable and dynamics ICOs. However, the participants also have to bear the high risks since there is no such thing as a free lunch.
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