Let’s cut straight to the chase. What is an Initial Coin Offering (ICO)? Basically, ICO is a crowdfunding method where investors are offered to purchase tokens or a new type of cryptocurrency (which can be exchanged for real products or services) for bitcoin or another crypto valuable enough on the external market. By doing that, they invest in the development of a future business.
There are other crowdfunding methods like IPO where company shares are purchased instead of tokens.

Source: Click here

Share this article

Facebook Comments