What is an ICO? How to Earn Extra Money with an ICO?

[Fairy_90]

In addition, with the recent rise in Bitcoin and Ethereum prices, there is a new trend that ICOs are beginning to emerge as crowdfunding projects for electronic money cryptocurrency and the Blockchain industry. What is an ICO that can lead many to believe that the ICO will promise the potential to disrupt both IPOs on the tech companies' floor?

[trry98]

ICO is an external financing plan when the project has just begun. It is similar to the IPO of traditional industries, but it also requires a lot of screening or it will lose money.

[eyesee]

This is a really good question.  Personally, I don't necessarily think ICO's will replace IPO's.  This landscape is evolving and big investors are beginning to take part which is really squeezing out some retail investors or crowdfund / crowdsales.  With that said, there are projects that make sense to be a part of or use or build a blockchain and there are those that simply don't need it.  There are companies trying to adapt their project into blockchain and tokenizing because of the money that they are seeing invested into projects. 

Even with the rise and success of Bitcoin, Ethereum, among others, there are still many challenges and limitations to blockchain scalability and storability that need to be addressed.  So from that perspective, I think there could be an ICO that addresses those limitation that could potentially be complimentary or replace those de facto coins. 

Also, the founding principle of the entire crypto environment is decentralization. I want to believe that many enthusiasts of crypto and blockchain really like the idea of decentralizing currency, the internet, networks, etc.  So, from that perspective, the more widely these technology principles are adopted, there will be less control by any one entity.

Then there are those just trying to make a quick buck. Which is ok too considering there needs to be funding for these companies to come to life. It just brings a lot of greed into the equation.

[jemarleon]

ICO=Initial coin offering, there are already threads existing about this try to use the search bar for other good explanation about ICO's.

[bonifacioB]

In my own research, ICO stands for Initial Coin Offering which some offer or raise new cryptocurrencies to the investors and you can earn money from ICO if you are participating to the ICO project like campaignes,airdrops or etc. wherein you are promoting their company and that campany shoulder some of new altcoins and you can get your salary after the ICO projects end. And for the newbies you can join airdrops, you can earn money through airdrops because there are someone give an love offering.

[kirstiemorton23]

In my own research, ICO stands for Initial Coin Offering which some offer or raise new cryptocurrencies to the investors and you can earn money from ICO if you are participating to the ICO project like campaignes,airdrops or etc. wherein you are promoting their company and that campany shoulder some of new altcoins and you can get your salary after the ICO projects end. And for the newbies you can join airdrops, you can earn money through airdrops because there are someone give an love offering.

I like your explanation, it's very detailed and gives a lot of information about ICO, for beginners and other friends, you have to remember! not all ICOs will work.

[vicvicto17]

ICO is a Initial Coin offering a project or start up business that the main goal is to promote their project technology under blockchain which will be the next bitcoin in the future and it is the same as IPO before.

[Viscera]

Okay first thing first you need to invest a big amount of money. ICO is here and it's gaining popularity everyday. You can earn extra money by joining campaign and reward yourself after ICO. So be careful on choosing a bounty program.