Bitcoin created a revolution simply by introducing the first-ever decentralized digital currency in which often people and businesses handle their transactions instead associated with banks and debit cards. Nowadays, we have another trend in the form of Initial Coin Offering (ICO).
What Is An Initial Coin Offering (ICO)?
ICO is a fairly new fundraising tool which usually startup businesses use to raise capital through cryptocurrencies/tokens. Here, investors raise revenue either Bitcoins, Ethereum or even other types of cryptocurrencies. It’s like another kind of crowdfunding. Continue reading
ICO is short for Initial Coin Offering. When launching a new cryptocurrency or crypto-token, the developers offer investors a limited number of units in exchange for other major crypto coins such as Bitcoin or Ethereum.
ICOs are amazing tools for quickly raining development funds to support new cryptocurrencies. The tokens offered during an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand for them.
The Ethereum ICO is one of the most notable successes and the popularity of Initial Coin Offerings is growing as we speak. Continue reading
While there have been market corrections in cryptocurrency market in 2018, everyone agrees that the best is yet to come. There have been a lot of activities in the market that have changed the tide for the better. With proper analysis and the right dose of optimism, anyone who is invested in the crypto market can make millions out of it. Cryptocurrency market is here to stay for the long term. Here in this article, we give you five positive factors that can spur further innovation and market value in cryptocurrencies. Continue reading
Questions have arisen unto whether bitcoin is turning into a multilayered system. Well, the answer is yes. This article seeks to outline the various layers onto which bitcoin lies on. It’s all yours!
Have you heard of those who refer to bitcoin as digital gold? Clearly, the crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations amongst investors but the coin is nevertheless a ”digital gold”. And to the question of whether bitcoin is a multilayered system, it should be known that bitcoin exists on two main layers. These are the mining and the semantic layers. Continue reading