What is ICO and how can we benefit?
A process or event in which a start-up attempts to raise capital by selling a new cryptocurrency,
which investors may purchase in that the value of the cryptocurrency will increase, or to later exchange for
The term "ICO" stands for "initial coin offering"
and it refers to a popular method of raising funds for early-stage cryptocurrency projects.
During an ICO, a blockchain-based startup creates a limited number of its own native digital coins and distributes them to early
investors in exchange for other cryptocurrencies such as bitcoin or ether.
ICOs, a type of digital crowdfunding, allows startups to not only raise funds without
giving up equity, but also to build a community of incentivized users who want the project to succeed so that the value of
their pre-sale coins rises.
While ICOs can provide a simple funding mechanism and an innovative way for startups to raise funds,
buyers can also benefit from both access to the service provided by the coin and a rise in.
There is a reason why ICOs are becoming more popular: the benefits for all parties involved. Many of the benefits for
contributors also apply to founders. At the very least, these advantages encourage more contributors to choose ICOs over other investment options.