ICO Token News
The most comprehensive ICO reviews
If you are a newbie to the world of cryptocurrency, the term, ICO, may be strange to you. Even if you are not a newbie, you probably have little or no knowledge of ICO. In either case, this piece is written to demystify the concept of ICO and highlight the benefits of the concept.
For a start, ICO simply means Initial Coin Offering. This is a convenient fundraising technique for a new project, business, or cryptocurrency venture. Otherwise known as Initial Public Coin Offering, it is an unregulated means of crowdfunding through the use of a cryptocurrency.
During the implementation of an ICO, a company or a new venture can easily raise funds for the continuation of a project or the launching of a new one by selling tokens of a cryptocurrency. During an ICO, a small percentage of a newly-issued cryptocurrency will be sold to potential cryptocurrency investors in exchange for money or any other legal tender.