Tag Archives: ICOs

Hazards, Rewards, and Dangers associated with ICOs

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

What Is an ICO in Cryptocurrency?

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