What is an ICO and should I get involved?

[bitcoinsolicitor]

You may have noticed increasing coverage of Initial Coin Offerings (ICO ) in the press recently.  You may not, however, be totally clear what an ICO is.

The easiest way to explain it is that it’s a type of crowdfunding that has grown out of the current growth in popularity of Bitcoin and other cryptocurrencies.

https://www.selachii.co.uk/Blog/What-is-an-ico-and-should-i-get-involved.html

[1714799813]

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[1714799813]

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[1714799813]

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[Master_dandosha]

You may have noticed increasing coverage of Initial Coin Offerings (ICO ) in the press recently.  You may not, however, be totally clear what an ICO is.

The easiest way to explain it is that it’s a type of crowdfunding that has grown out of the current growth in popularity of Bitcoin and other cryptocurrencies.

https://www.selachii.co.uk/Blog/What-is-an-ico-and-should-i-get-involved.html

Some of ICOs has a good tech behind lazy team who care only about profit , it is a risk in all cases . good blog article miss top 10 ICO every month or two weeks 

[drawingthesun]

You may have noticed increasing coverage of Initial Coin Offerings (ICO ) in the press recently.  You may not, however, be totally clear what an ICO is.

The easiest way to explain it is that it’s a type of crowdfunding that has grown out of the current growth in popularity of Bitcoin and other cryptocurrencies.

https://www.selachii.co.uk/Blog/What-is-an-ico-and-should-i-get-involved.html

Not sure about this. Satoshi only intended for people to mine Bitcoins, not sure what these other cryptos are thinking and why they are doing ICO's.

Not cool!

[Qartada]

You may have noticed increasing coverage of Initial Coin Offerings (ICO ) in the press recently.  You may not, however, be totally clear what an ICO is.

The easiest way to explain it is that it’s a type of crowdfunding that has grown out of the current growth in popularity of Bitcoin and other cryptocurrencies.

https://www.selachii.co.uk/Blog/What-is-an-ico-and-should-i-get-involved.html

Not sure about this. Satoshi only intended for people to mine Bitcoins, not sure what these other cryptos are thinking and why they are doing ICO's.

Not cool!

Well it's pretty obvious really.  People have an idea for a new coin and they want others to participate.  It also contributes to decentralisation of the new coin from the crowd funding and it's always useful to have a high supply of the coin at the start to prevent high inflation.

Plus there are the ICOs that are just for people to buy into the coins cheap and dump them as soon as they get on an exchange, which is plenty of them to be honest.

[User365]

I wouldn´t recommend that, you could be successful, but the risk that the ICO is only a scam is to high

[the rise]

I wouldn´t recommend that, you could be successful, but the risk that the ICO is only a scam is to high

There is no safe type of investment if there's no government role in it, but ICO in altcoin projects is much better than hyip programs without regular roadmap and others. I personally suggest to be involved in ICO because we can study and monitor the process in detail from this forum, so we can understand clearly before making a decision.

[Qartada]

I wouldn´t recommend that, you could be successful, but the risk that the ICO is only a scam is to high

There is no safe type of investment if there's no government role in it, but ICO in altcoin projects is much better than hyip programs without regular roadmap and others. I personally suggest to be involved in ICO because we can study and monitor the process in detail from this forum, so we can understand clearly before making a decision.

Any investment is safer than an HYIP "investment" since they're just Ponzi schemes. 

ICOs can be legit, but it depends on what you're doing with your money.  If you perform your due diligence on the people behind the coin, their ideas and you read the whitepaper, the risk-reward ratio can be good.  You do have to be safe and only put a small amount of money into each coin though - don't be tempted by the high returns of a few ICOs.  They're rare cases.

[bitcoinsolicitor]

Satoshi's novel idea has expanded into a multi billion dollar industry and has the potential to revolutionise the payments system worldwide.  Crypto currency is not exclusive to BTC and I am sure Satoshi was aware of this when his concept was born.

With any industry, there are people seeking to make money fast.  On the flip side, there are people/businesses looking to use the tools available to them at any precise given point in time to assist with their business growth and success.

An ICO, whilst not ideal for every business, certainly does have merits for a business that can embrace the technology and offer investors something different to just the usual 'promise' signed on a piece of paper or shares in a company that may of may not succeed.

For an ICO to succeed, firstly the business must have a purpose for raising funds.  It is pointless having an ICO for the sake of it.  Secondly, the right team must be behind the ICO, from the developers/coders/lawyers/accountants, they all have a part to play in a successful ICO.  A successful ICO will raise capital for the business and will earn money for the investors. 

[BCTBF]

Nice article, previously I did not know what that ICO, after reading this article I got to know about ICO, thank you.

[Dmitry.Vastov]

I wouldn´t recommend that, you could be successful, but the risk that the ICO is only a scam is to high

I know its risk. But its very profitable. If you just learn how to determine what ICO is scam or not. Its easy to determine. Look at their whitepaper, roadmaps and identification of the dev team. Any ICO that don't provide these requirements. I consider them as a scam. I joined ICO recently and the project is very promising because of the uniqueness of it. But don't put all your money on ICO. Just put a little amount.

[LLec]

ICO are all risky.
Even what company's have in the form of IPO.
If the company goes down so does initial investment in them and their stocks.