What is an initial coin offering (ICO)?

An Initial Coin Offering is a presale of a cryptocurrency startup’s token coins in exchange for funds from project enthusiasts. While it is the easiest way for a startup to access the funds, ICOs have also faced criticism for being avenues of defrauding the public. As such, everyone looking to engage in an ICO should be aware of the risks involved.

ICOs have been compared to crowdfunding; they both offer an investor a chance for early access to the product. However, there are some differences between the two.

Read more

Both comments and pings are currently closed.

Comments are closed.