what is ICO?

[JDacer]

 what  is the ICO and the purpose  

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[PayPalTrader]

what  is the ICO and the purpose  

https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

[JDacer]

what  is the ICO and the purpose  

https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

THX

[FFFFound]

Think of them as IPOs, but the founders raise money using popular cryptocurrencies like bitcoin, litecoin and most popularly, Ethereum, instead of fiat currencies. In return for your investment, you get the ICO's proprietary cryptocurrency. The investments work pretty much like shares, which in most cases don't have voting rights. As the company grows, the value of your crypto grows. You can either hold or cash out for fiat or other mainstream cryptocurrencies. But try to be careful with them, like 90% of them are nothing more than a money grab, good luck 

[PayPalTrader]

in it's vast majority it is a scam
very few of the ICOs out there are not pyramid schemes

[Badmansqole450]

ICO is an unregulated means by which funds are raised for a new cr ;Dyptocurrency venture. ... In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

[ricardovaldossa]

Projects are collecting funds to create their produckt. Fot u it is the chance to support the talanted team and make the money

[cryptoeco]

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

[freezzeer]

Full member 😂
RIP ICO

[chukstimz]

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

[sedahan13]

ICO is Initial Colin Offering and similar with IPO/ Initial Public Offering in stock market. Purpose of ICO is collect money from investor ny sell their token to development the project.

[ErlindaBit]

ICO is short for Initial Coin Offering. This means  investors are offered some units of a new cryptocurrency or crypto-token in exchange against other crypocurrencies like Bitcoin or Ethereum.  ICO  works similarly to an initial public offering. Instead of offering shares in a company though a firm, offers digital assets called tokens.

Thank you very much. You are very helpful to me in understanding about ICO

[BADecker]

No, no. An ICO is like ice fishing... a hole in the ice... and Icy "O."

 

[sadmaster]

ICO means Initial Coin Offering. The purpose of ICO is to introduce a new coin to the market and advertise them for people to invest on.

[iterra]

Common feelings experienced by investors after an ICO include FOMO and HODL

[Docbee]

It means initial coin offering, where token are sold for an initial fee with a discount.

[PabloSheva]

what  is the ICO and the purpose  

Hello, I have already answered this question before, on this, I will talk about this again:

"In a nutshell, this is the initial placement of coins. The bottom line is that there is a company that wants to launch its own crypto-currency, which will be responsible for a certain task. But to launch the development, it is necessary to raise funds, basically this is the sum of the most popular crypto-currencies, such as ether or bitcoin, which the contributors list. In exchange, the company gives its coins, or tokens, which can then be exchanged for other crypto-currencies. That is, it is a kind of crowd-funding and bonds at the same time.
More about it you can see here ICO investment."

[multic2012]

For me it is sublobar with investors!The purpose of which is to promote the idea and get in a larger company all over the world.But of all the ICO are moving a maximum of 10% and that's very sad

[BADecker]

Is there and ICO generating program that doesn't require any deep programming. What I mean is a program that a "layman" can use to simply create a new ICO any time he wants, or all day if he wants.

Why ask this?

If we created a new ICO for everything that we owned, or at least for all the various categories of things - an ICO for cars, one for computers, on for shirts, one for shoes, one for land - we could get away from using fiat altogether.

Or how about an ICO that produces value comparisons between every product or service out there? One refrigerator is worth 10 kitchen sinks. One car is worth a refrigerator, twenty kitchen sinks, and a Bitcoin.

We have this to some extent, right now. But it is based on dollar comparisons. Consider Priceline for travel. Or any other Internet website that compares the prices of products, so that you can find the lowest cost, the best deal. Make this a trading ICO for every item or service, and suddenly there is no more need for fiat at all.

[BADecker]

Or how about an ICO of ICOs. It would include a robot that roams the Internet finding new blockchains. Then it values each of them based on volume traded. It could include currencies, as well. And it might even allow for trading all of them automatically, thereby doing away with most of the exchanges. The measure of its value would be based on how much it is used to do all kinds of trading.