Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: heroic25 on January 10, 2018, 02:25:33 PM



Title: friends tell me what is crypto ico ?
Post by: heroic25 on January 10, 2018, 02:25:33 PM
Hi friends kindly tell me what is crypto ICO in easy and simple way


Title: Re: friends tell me what is crypto ico ?
Post by: SrEasts on January 10, 2018, 02:42:56 PM
Basically ICO ( Initial Coin Offering) its the process where a project raises funds (money) to create a new cryptocurrency. Start ups do ICO's because it allows them not only to raise "easy" money but also to skip the traditional fund raising tedious process (because its very rigorous and regulated).


Title: Re: friends tell me what is crypto ico ?
Post by: heroic25 on January 10, 2018, 02:56:49 PM
is their any opportunity to earn good income by participating in crypto ICO


Title: Re: friends tell me what is crypto ico ?
Post by: AlexanderAnthony on January 10, 2018, 02:57:42 PM
A cryptocurrency is a digital or virtual currency that uses cryptography for security. ICO is the abbreviation of initial coin offering. ICO is the cryptocurrency version of crowdfunding wherein it's one of the most easiest and efficient methods for individual companies to fund their projects and for inverstors to invest in projects where they see that will have a value in.


Title: Re: friends tell me what is crypto ico ?
Post by: roberthus on January 10, 2018, 03:00:59 PM
Basically ICO ( Initial Coin Offering) its the process where a project raises funds (money) to create a new cryptocurrency. Start ups do ICO's because it allows them not only to raise "easy" money but also to skip the traditional fund raising tedious process (because its very rigorous and regulated).


The simplest way is like your initial payment for using your products. Your initial payment or deposit to enjoy your services.


Title: Re: friends tell me what is crypto ico ?
Post by: Catost on January 10, 2018, 03:06:59 PM
is their any opportunity to earn good income by participating in crypto ICO

Yes it is. If you join an ICO, so you support a company that made the ICO, you have some benefits. Usually you will receive their currency. If the ICO succeeds, their coin's price will rise up and you will earn.
To earn good income, you need to choose the right ICO.


Title: Re: friends tell me what is crypto ico ?
Post by: heroic25 on January 10, 2018, 03:15:14 PM
are their any key point for crypto ICO  that there are good chances that crypto currency will succeed