Whats a bounty? Whats an ICO?

[fgshevchenko]

Hello
what can you say about this ICO
/paladium.cc
I'm a beginner and very interested in the opinions of others

[1714120093]

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[maflec0713]

ICO is initial coin offering for a new project or cryptocurrency. Its like an advertisement asking for help to promote the project. lets say, one campaign requires 100k ETH to promote the project, that amount is the initial coin offer or ICO. while bounty is the reward you have receive in joining in the project given by ICO.

[Shikisha]

ICO is a fundraising mechanism in which new projects sell their underlying crypto tokens. Bounty is a payment or reward offered by a startup of crypto token as an incentive for the accomplishment of a task by bounty hunter.

[brooklynian]

ICO means Initial Coin Offering. This is a way by which the coin or token is offered to the public in general to purchase in order for the developer or team to raise funds to develop the project. Bounty is what is paid for task carried out by people in order to promote the project.

[Kriptomen_51]

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.

[Dacosta Osei-Tutu]

Bounty is like a reward given to people who help to promote the coin and its project. ICO means Initial Coin Offering.i.e the coin offered to people who first buy them and its usually at a cheaper price than when its on exchange

[TribeMedia]

Hmmm, very interesting to see everybody's definition of ICO's and Bounties. Thought I would add my definition of both as well:

Initial Coin Offerings is just another form of raising investment capital to start or scale a new business model that uses cryptocurrency, decentralization or blockchain. Usually coins are given at a huge discount at the start of an ICO to incentivize investors to invest. For those who know what initial public offerings, its very similar to those - except ICOs usually don't give ownership to token holders.

Bounties are crowd-sourced marketing efforts that involve a series of people to do a certain set of tasks. ICO's dedicate at least 1% of the total amount of tokens they are selling to "reward" people who help them achieve tasks.