IPO = Intial public offering, the moment a company goes to the stock exchange and gives out stocks for people to buy;
ICO = Initial coin offering, the moment a company needs cash to fund further development of their idea, difference with an IPO is that nobody would buy stocks on a company that does not have a working
product,service etc. Some ICO's collect a lot of money without a working product.
Correct, but there are also
legal crowd equity funding ways to sell shares for early stage projects.
We are
in fact planning to issue a legal crowd equity sale for shares in an app development company for our decentralized ledger which have something to do with earning tokens and distributing them as dividends.
ICOs are mostly all illegally issued and probably end up banned in the future.
ICO are the concept of crypto currency world and IPO are of the stock market.
True, that securities regulations compliant fundraising (i.e. not illegal) can not be sold worldwide. ICOs are sold worldwide, but only because
they are illegal.