ICO

[katepagava]

What do u know about ICO?

[liliiaolivia]

 Initial Coin Offering, that is, the initial placement of coins (tokens). During the ICO, the project team sells digital tokens for crypto-currencies or fiat money to investors. Later, these coins can be used on the project platform as an internal currency or trade them on exchanges. Also, instead of ICO, the term "crowdsdale" (English - crowdsale) is often used.

[katepagava]

Nice, and what do u think about this coins ? R they good 4 investing? Or mining?

[Omeluk]

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

http://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

[alexnikon911]

ICO operates in a similar way to an IPO: investors invest in funds and receive a "stake" in the company. The main difference is that under ICO, the investor does not receive the real shares, but becomes the owner of cryptographic tokens, which are traded on crypto-exchanges for various crypto currency. Strictly speaking, tokens are not tied to shares or to any other form of ownership. In this case, ICO has much in common with crowdfunding: in both cases, as a rule, funds are collected for the implementation of a certain concept - that is, at a stage when the company still does not have any product.

[Cryptoinna]

ICO(Initial Coin Offering) is a method of raising fund by issuing cryptocurrency tokens. During an ICO, a company typically sells part of its cryptocurrency tokens in exchange for money. The funding is used as a medium to distribute tokens to the market and funds expenses by the founding team.

[KirillManhattan]

An initial coin offering (ICO) is a means of crowdfunding the release of a new cryptocurrency. Generally, tokens for the new cryptocurrency are sold to raise money for technical development before the cryptocurrency is released. Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO.

The first ICO was for Mastercoin in 2013. Ethereum raised money with an ICO in 2014.[1] ICOs are now extremely popular. As of May 2017 there were currently around 20 offerings a month,[2] and a new web browser Brave's ICO generated about $35 million in under 30 seconds.[3] There are at least 18 websites that track ICOs.[4]

See also[edit]