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April 22, 2018, 05:50:12 PM |
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ICO, or Initial Coin Offering (initial placement of tokens) is the issue of coupons, or tokens, intended for payment for the services of the site in the future — in the form of cryptocurrency by any project. Thus, in contrast to IPOs, buyers of the currency do not receive a share in the company and can not affect the internal managerial decisions. In fact, the ICO is another implementation of the crowdfu nding model, when participants finance the development of the company in order to get some benefits from it in future.
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