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Author Topic: ICO vs ICD  (Read 241 times)
fatihbilgin (OP)
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June 28, 2018, 09:33:30 PM
 #1

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
fatihbilgin (OP)
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June 29, 2018, 08:45:39 AM
 #2

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution

Bumping this, since i've posted on wrong topic before and that affected the visibility. I hope we can start a constructive thread about this.
ElenaN
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June 29, 2018, 08:54:58 AM
 #3

I wonder what will be the difference in attracting coins and their distribution!
fatihbilgin (OP)
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June 29, 2018, 09:02:46 AM
 #4

I wonder what will be the difference in attracting coins and their distribution!

ICO are not free, but in ICD tokens are given away for free. No investment required, it's free an is free beer after all Smiley.

The deal is "is the beer" worth the effort? Well, that will depend on the whitepaper of the ICD i guess.

ananas99
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June 29, 2018, 09:05:20 AM
 #5

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
As far as I understand you ICD is an integral part, and most importantly an dependent part of the ICO. Then what is the point if everyone faces this every day.
asdlolciterquit
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June 29, 2018, 09:21:12 AM
 #6

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution

i didn't know that there are still ICD.
the problem is that it seems that develop a new coin/tokens require a lot of money, and it's an easy way find it with an ICO.
fatihbilgin (OP)
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June 29, 2018, 09:34:40 AM
 #7

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution

i didn't know that there are still ICD.
the problem is that it seems that develop a new coin/tokens require a lot of money, and it's an easy way find it with an ICO.

So you mean ICD will as attractive as ICO's for users? Also it is kinda scam proof since you are not investing anything, will that make the ICD more attractive then ICO's?
dididou
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June 29, 2018, 10:04:44 AM
 #8

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
At present, many people seem to be involved in ICDs, probably because of the proliferation of ICOs, and some waste projects flooding them, disrupting the market.
fatihbilgin (OP)
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June 29, 2018, 11:05:01 AM
 #9

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
At present, many people seem to be involved in ICDs, probably because of the proliferation of ICOs, and some waste projects flooding them, disrupting the market.

Are there any ICDs besides Fresco that is active? I see many ICO posts but not much ICD ones.
FoBoT
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June 29, 2018, 11:12:48 AM
 #10

I wonder what will be the difference in attracting coins and their distribution!

ICO are not free, but in ICD tokens are given away for free. No investment required, it's free an is free beer after all Smiley.

The deal is "is the beer" worth the effort? Well, that will depend on the whitepaper of the ICD i guess.


I will like to know what will be done before you can get the free token because atleast you should be able to put effort in something before you can get reward form it. If you do not do anything, than what does it offer in the crypto industry since there is no work to be done before you get the free coin
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June 29, 2018, 11:16:15 AM
 #11

so an ico i have to pay with Money or other cryptocurrencies to receive the token i want ti invest in. But whats then diference to an icd are Tokens for free ?
I think i did not get it 

vlad230
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June 29, 2018, 11:17:19 AM
 #12

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
This is the first time I'm hearing about Initial Coin Distribution (ICD).

It looks to me like someone is trying to "clear the name" of ICOs just by introducing a synonym for Offering -> Distribution.  

I assume it's the same process as for ICOs or is it something different?
fatihbilgin (OP)
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June 29, 2018, 11:45:21 AM
 #13

We all have heard about ICO's for a time now. This month i have been hearing more about ICD's. I belive Fresco is the first token to implement that.

What else is there?

For people who dont know:
ICO: Initial Coin Offering
ICD: Initial Coin Distribution
This is the first time I'm hearing about Initial Coin Distribution (ICD).

It looks to me like someone is trying to "clear the name" of ICOs just by introducing a synonym for Offering -> Distribution.  

I assume it's the same process as for ICOs or is it something different?

In ICO there is an offering from public to buy it. In ICD tokens are distributed without any charge.

So the main difference is you are not paying for the tokens its free.
nmax21
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June 29, 2018, 11:49:21 AM
 #14


What is the difference between ICO and ICD. It seems to me no matter what the process of collecting money for a project is called, all the same, the essence is the same.

Suharjo
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June 29, 2018, 11:58:47 AM
 #15

honestly I have never heard of ICD before. it's a platform about what and how to implement it I have not understood. but maybe thanks to your post I will find out a lot about ICD. I hope ICD can be a solution for ICO which lately contains a lot of scam. thanks.
fatihbilgin (OP)
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June 29, 2018, 12:04:43 PM
 #16

honestly I have never heard of ICD before. it's a platform about what and how to implement it I have not understood. but maybe thanks to your post I will find out a lot about ICD. I hope ICD can be a solution for ICO which lately contains a lot of scam. thanks.

In essence they are the same, but there is a huge difference which is in ICO you pay for token, in ICD you dont pay for tokens.

ICD feels safe because you are not actually investing with your money(Fiat or Crypto). Perhaps this will help to reduce scammers.

I only noticed that Fresco is using this approach. anyone know of another coin that's doing ICD?
fatihbilgin (OP)
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June 29, 2018, 12:15:36 PM
 #17

so an ico i have to pay with Money or other cryptocurrencies to receive the token i want ti invest in. But whats then diference to an icd are Tokens for free ?
I think i did not get it 

Yes that's it, token are free in ICD. but off course like in ICO there is a whitepaper and a value proposition for the new token.
fatihbilgin (OP)
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June 29, 2018, 02:29:41 PM
 #18

I wonder what will be the difference in attracting coins and their distribution!

ICO are not free, but in ICD tokens are given away for free. No investment required, it's free an is free beer after all Smiley.

The deal is "is the beer" worth the effort? Well, that will depend on the whitepaper of the ICD i guess.


I will like to know what will be done before you can get the free token because atleast you should be able to put effort in something before you can get reward form it. If you do not do anything, than what does it offer in the crypto industry since there is no work to be done before you get the free coin

To earn ICD perhaps there are requirements like in air drops. For instance Fresco says in its web site that:

Details on what you should do to be eligible for the FRESCO ICD:
1. Fill out the form below using a valid frequently used email address

2. Enter your social media handles and follow FRESCO on those platforms,  we need your support to let more people know about us!
 
3. Pass the FRESCO Community Test, 100 questions (1 point each) about the art world and FRESCO's concepts. A passing grade is 80 points.

4.Provide your ERC-20 compatible Ethereum address – it should be an ERC-20 compatible wallet such as MyEtherWallet, MetaMask, Ethereum Wallet, Mist, etc. (Please note that we will NEVER ask you for your Private Key nor will we be asking for any donations from you in order to receive the Airdrop).

Every successful participation entry will receive 2,000 FRESCO Tokens.
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June 29, 2018, 02:35:24 PM
 #19

Oh, something new for me, I have never seen ICD. What is the main difference between them? And do you know about some recent ICD?
Thanks!

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June 29, 2018, 02:39:55 PM
 #20

Whether Initial coin offering(ICO) or Initial coin distribution(ICD) the whole idea is to circulate crypto currency for massive adoption. What ever name we choose to call the most important thing is that the project should bring great results to the society. Thanks

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