Initial Coin Offering

An Initial Coin Offering (often referred to as ICO) is a mechanism for new blockchain projects to raise funds by offering the tokens of their project to investors before the tokens are listed on any exchange. These ICOs are similar to the more renowned Initial Public Offerings (IPOs), in which investors have the ability to purchase shares of a company.

These ICOs are often carried out by smaller teams in order to raise funds for their new project. Just like with IPOs, a certain portion of all available tokens is offered to the public.

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