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Author Topic: So, what's an ICO and why is it revolutionary?  (Read 159 times)
aeternus
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May 03, 2018, 03:29:20 AM
 #21

ICO means Initial Coin Offering. When a company wants to capitalize, it can open an IPO (in a common stock market) or an ICO. An ICO is similar to an IPO.
In a ICO the company capitalizes through cryptocurrencies, mainly Ethereum and Bitcoin. So the company doesn't need to go the stock market any more.

The problem with IPO is that most capitalization occurs pre IPO, when only a few registred investors (whales) can buy the shares.

ICOs are not revolutionary. They are the same as IPOs and IPOs have been in existence for over 100 years.

An ICO is a starting event. It's the date and time when a new investment (cryptocurrency in this case) is released to the public.

ICOs and IPOs are funded (capitalized as you call it), before and after the starting date event. The only difference between the two is the underlying investment being offered.
Exactly, the project behind an ico could or could not become revolutionary but the concept of gathering money from some other people and then use that money to create a project is not revolutionary at all, that is just basic investment and it has probably existed for thousands of years, the only problem with icos is that there are many scams and people are beginning to avoid them.
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May 03, 2018, 10:44:08 PM
 #22

this can be called the development of an increasingly advanced era, the more advanced technology, such as the emergence of ICO, if likened to a company that finance a product, na ICO is a fund to deploy an application that will be paid in the form of ICO.

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May 03, 2018, 11:22:26 PM
 #23

Recently, it's hard to get good ICOs, because most ICOs are just for personal gains and nothing more. Most don't even have any better project and most upcoming project are just a repetition of the former ICOs. It's just few that are good ones. And the painful thing here is that investors can't seem to differentiate between the good ICOs and the bad. And this causes them to invest in the bad ones.

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