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Author Topic: What is ICO?  (Read 350 times)
cosmo1 (OP)
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June 04, 2018, 02:47:06 AM
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Is ICO an technology or really what is ICO?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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June 04, 2018, 03:01:55 AM
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ICOs are a combination of donating and investment. Knowing that some frauds exist in the industry, the community has adopted self-governing best methods and principles concerning ICOs. Multiple platforms promised due-diligence of projects before enlisting them and giving the financial compensation the project team for accomplishing some pre-defined objectives. People also demanded multi-signature system to increase safety.
Some ICOs use a single Bitcoin public address to raise funds. This method is bad for privacy, but on the other hand, it is good when it comes to audit the money raised. Other ICOs use cryptocurrency protocols that already exist to create tokens. This simplifies the creation process. Some examples of protocols are NTX, Bitshares, NEM, Factom, Lisk or Counterparty.
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June 04, 2018, 03:08:48 AM
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And to add some information about ICO, ICO stands for Initial Coin Offering, ICOs are also used to fund the development of new currencies, which we call them altcoins or altcurrencies.
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June 04, 2018, 03:13:58 AM
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What I know about ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger. ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin.
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June 04, 2018, 03:19:02 AM
 #5

Is ICO an technology or really what is ICO?
Hi, let's not make it complicated.

ICO meaning - Initial Coin Offering

It just means the initial offering of some project, you can make an ICO for some project in order to finance and pick some money up to support that project.

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June 04, 2018, 03:24:55 AM
 #6

ICO is a fundraising event by selling new tokens, with the aim of finding capital to develop related projects
the token sold usually has a function to use as an internal transaction tool
and also, the coins will be listed on the exchange, which can then be swapped with ETH or BTC

ucingucingan
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June 04, 2018, 03:28:45 AM
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ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
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June 04, 2018, 03:36:19 AM
 #8

ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
if the amount of funds collected reaches the target number determined then investors and bounty hunter will be rewarded in accordance with predetermined conditions, but if and not collected there will be no rewards whatsoever and funds from investors will be returned
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June 04, 2018, 03:37:33 AM
 #9

ICO is Initial Coin Offering. They offer the ICO to raise funds to develop their projects in order to their projects to success. If successful then the project and the participants will join the ICO a success.

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ucingucingan
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June 04, 2018, 03:38:59 AM
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ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
if the amount of funds collected reaches the target number determined then investors and bounty hunter will be rewarded in accordance with predetermined conditions, but if and not collected there will be no rewards whatsoever and funds from investors will be returned
after the investors and bounty hunters get their respective rations they can sell the tokens they get in the available market to buy the token or choose to keep it and sell it within a certain time in order to profit from the price difference.
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June 04, 2018, 03:40:01 AM
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ICO means you buy token and help that project to raise capital to develop their project, if that project live well, you also can earn profit from token you bought, if it does not, you get loss.  Grin Grin Grin
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June 04, 2018, 03:46:35 AM
 #12

ICO means initial coin offering. By issuing ICO a new company collect money from the market. So, it's a capital raising process required by venture capitalists or banks.
Arlette Foxsparkle
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June 04, 2018, 03:49:56 AM
 #13

initial Coin Offering or ICO is one of the best way of collecting funds or investors. This play as a important role in developing projects because with the helped of ICO company needs more funds to make or to run their projects. ICO was created to help people to find another easy ways to collect and invest money in the project.
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June 04, 2018, 03:52:39 AM
 #14

Is ICO an technology or really what is ICO?

ICO is initial coin offering.

It is similar to IPO whereby stock went to official exchanges to sell their share. Instead, ICO sold their utility/security tokens instead of the company rights. The process of ICO is also shorter than IPO which include many funding rounds and years of preparation.
enhu
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June 04, 2018, 03:59:08 AM
 #15

Its about collecting money  from  investors who will join the economy of the project. Its easy to profit from  ICO when a project has the potential to grow. ICO  are  getting  more and more these days but I think it will be lesser in the coming days when companies that are about to  do an ICO  needs to register and verify  themselves to the government.

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June 04, 2018, 04:31:34 AM
 #16

ICO Extension of Initial Coin Offering. Initial means the earliest, Coin means digital token / coin and Offering means bidding, when interpreted in its entirety means the earliest coin offerings before being launched into the free market.
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June 04, 2018, 04:35:51 AM
 #17

Is ICO an technology or really what is ICO?
ICO stands for Initial Coin Offering, it was like a project proportion from a company that will launch an token of their own, if you participate in ICOs you must do a proper research of everything because some of ICOs is a scam so be careful.
laiya94
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June 04, 2018, 04:53:57 AM
 #18

Simply its caller Initial coin offering. At present, more and more new projects are coming, but everyone can't raise their capital just by the project team so they will release some tokens (something like stocks) for fund raising. After the project ends or partially completed, investors can sell their tokens.

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June 04, 2018, 05:00:02 AM
 #19

Ico I think it is indeed technology and from that technology people create new tokens or coins with Blockchain technology by way of marketing in the media or also forum Bitcoin
nguyentuanduongg1995
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June 04, 2018, 06:17:41 AM
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The ICO stands for "Initial Coin Offering," an unregulated vehicle by raising funds for a new Cryptocurrency venture. In an ICO campaign, developers will sell their coin to investors via Bitcoin or Ethereum.
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