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Author Topic: What is ICO?  (Read 273 times)
Cryptosaint$
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January 30, 2018, 05:31:56 PM
 #21

ICO is a crypto-currency-based form of financing through the sale of a Token Key and the purchase of tokens on a regular basis by Bitcoin or Ethereum (usually purchased by ETH).

Unlike normal capital mobilization, the buyer will hold the passwords issued by that company, collectively known as Token.

Holding a token is simple, if you buy with ETH you can store the token on your ETH wallet. Bitcoin is similar.

You have all the core concepts down. ICO stands for an Initial Coin Offering. And the main things that you want to pay attention to when looking at ICOs are these:
 - Team: vet the team. look at their social profiles. ensure that they are actually who they say they are
 - Project: determine if the scope of the project is realistic or not. What is their roadmap for completion or demo?
 - Market Cap & Coin Cap
 - Is it a utility?
raypinch
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January 30, 2018, 05:36:03 PM
 #22

ICO means Initial Coin Offering(ICO). This is where many people are buying the coin what a certain project is offering. Initial, this is where the project is introducing or this would be the first time you got the chance to buy this kind of coin. So many people are not wasting time for them to buy in this kind of event. Because in this kind of event, people got a lot of bonuses especially at the presale.

The funny thing is that I have  invested in so many ICO's already and did not know the real name of it  Smiley Thx for explaining.
Doge dealer
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January 30, 2018, 06:38:02 PM
 #23

The acronym simply means initial coin offering hence the letters ICO, it however is a way of of funding but it has as its centre  cryptocurrency , this is an easy way of getting some working capital if you want to start a business , the tokens that are offered becomes functional units only when the initial coin offering goal is met and the business starts .

Sumo
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January 30, 2018, 08:16:33 PM
 #24

This sale of tokens of a project, the collection of funds for its development. Each such project has a specific goal and can affect absolutely any sphere of life.
drukoz2
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January 30, 2018, 08:38:30 PM
 #25

This is a fundraising for some specific digital project. In replacement investors get tokens of this projects, which will be able to sell them when tokens go to the stock exchange. If the tokens are promising, then they can be sold very profitably.
rampage101
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January 30, 2018, 08:54:44 PM
 #26

This is a fundraising for some specific digital project. In replacement investors get tokens of this projects, which will be able to sell them when tokens go to the stock exchange. If the tokens are promising, then they can be sold very profitably.

And what do you know ICO that is likely to be profitable and the tokens of which will sell well on the exchange?

coingrowth
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February 04, 2018, 06:26:23 PM
 #27

Ico is Inital coin offering just same like IPO any coin development site will collect fund in the forum of ETH and give back tokens once listed in exchange we call it as coins
janelleshepard
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February 04, 2018, 06:44:43 PM
 #28

ICO is a shortcut of this word " Inital Coin Offering". Like a share in a real company, they're offering you to buy a share of their company and you will have profits back after you own somes. But ICO is the way much more anonymous than buying real shares because every transactions were made in Bitcoin or Etherum.
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