What is an ICO (Initial Coin Offering)?

What is an ICO (Initial Coin Offering)?

Initial coin offering (ICO) is an unregulated and controversial means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tendor or other cryptocurrencies such as Bitcoin.

ICO is the abbreviation of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum. Since 2013 ICOs are often used to fund the development of new cryptocurrencies. The pre-created token can be easily sold and traded on all cryptocurrency exchanges if there is demand for them. You can follow Top rated ICO on https://www.crypto-rating.com/ico-rating/ there are many info about this.

ICO is a simple and quick fundraising method compared to other traditional methods. In ICO anyone can create tokens and sell the tokens in any of the countries. this a good guide for the first time ICO investors and ICOCLONE the ICO software development company appreciates this guide https://cryptolinks.com/ico .

It’s basically the way to allow people to invest into any program, but I will say it’s better to get proper Crypto Guidance, as by doing so we will enable our self to get the results we are looking for to get. But if we are not having all this basic knowledge of the Crypto world, it will not really help us too much. So this is where we need to be wise and careful with which will then help us getting the results we are trying to be getting.