What exactly is ICO?

[Nomad]

In the share market, IPO or Initial Public Offering is a term used for primary shares that the company allots to the general people and raise additional capital for the business. In the crypto currency market, a blockchain project offers ICO or Initial Coin Offering in the forms of tokens in order to raise capital for the project.

 

[Sincerem]

Right from time i never understand the essence of the ICO in the blockchain network.

 

[Nomad]

ICO in crypto currencies try to lure big investors as well as small investors to the crypto currency project. When a lot of investment comes, the value of proposed currency increases which helps in crypto exchange listing.

 

[Justin]

I know IPO, I have participated on on a couple of IPO, which is controlled by security board. Who controls ICO?

 

[Tolumi]

In the share market, Just like companies offer IPO or Initial Public Offering to raise additional capital for the business, so also in the crypto market, a blockchain project offers Initial Coin Offering in the form of tokens in order to raise capital for the project. This is called ICO

 

[Zevin]

ICO is a way to raise money for a blockchain project but ICO is used as a medium to scam people. A lot of ICOs have turned to be a scam, one of the biggest was One Coin.

 

[Nurudeen]

I thought you don't know it that is why you raised the topic but going through your content and I can see you know it very well that I even thought. So that ia a good thing

 

[Dowenship]

In the share market, IPO or Initial Public Offering is a term used for primary shares that the company allots to the general people and raise additional capital for the business. In the crypto currency market, a blockchain project offers ICO or Initial Coin Offering in the forms of tokens in order to raise capital for the project.

Thank you for the short, simple, and explanatory definition of ICO, that's one of the advantage we have as a member to learn new thing...

 

[Nomad]

I know IPO, I have participated on on a couple of IPO, which is controlled by security board. Who controls ICO?

Since crypto currency is decentralized money it does not have any central authority. However, ICO is launched by the developer of the coin The developers raises funds through ICO. Based on the number of users and interest on the coin, it is then listed on exchanges.

 

[Kingstone]

I'm just learning both terms for the first time. But it's weird to hear that it can be used as a scam. Thank you for the content. I think the crypto world is just so complex.

 

[eLdavis]

I know IPO, I have participated on on a couple of IPO, which is controlled by security board. Who controls ICO?

From the explanation above, personally I would say no one and everyone at the same time. Since the investors plays a huge role and they would have not have the chance to invest in the first place if not for the creators of the coin.

 

[Bousine123]

Yeah you are very right. But most of these coin offerings are not just worth the hype, you invest your funds and the coin doesn't take it off after months.

 

[GoldenLady]

ICO in crypto currencies try to lure big investors as well as small investors to the crypto currency project. When a lot of investment comes, the value of proposed currency increases which helps in crypto exchange listing.

The larger the number of investors, the larger their investment and the more credible they are, the more upside potential an unlisted coin has. This will boost the general public's view on it
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ICO in crypto currencies try to lure big investors as well as small investors to the crypto currency project. When a lot of investment comes, the value of proposed currency increases which helps in crypto exchange listing.

The larger the number of investors, the larger their investment and the more credible they are, the more upside potential an unlisted coin has. This will boost the general public's view on it.

 

[Kaffyfolla]

An initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding,

 

[Lens]

Do you mean that the ICO is used to raise awareness for the coin? I think it is used to raise funds for a cryptocurrency projects .particularly, the new project that as just entered the crypto limelight.

 

[Dagm1]

Yes, you are correct. However, the majority of these coin offerings are not worth the hype; you deposit your money, and the currency does not disappear after a few months.

 

[Ub40]

I want to commend you for posting the above review on IPO and ICO. Now I know about them and their differences. Indeed there are so much to learn from this platform apart from making money. Thanks for sharing.

 

[HayKay]

ICO is initial coin offering where the coins developers get to offer coins for a lower value at pre-sale prices before they're officially launched.
Most times, there are bonus rewards attached to this

 

[BrolySSJ]

In the share market, IPO or Initial Public Offering is a term used for primary shares that the company allots to the general people and raise additional capital for the business. In the crypto currency market, a blockchain project offers ICO or Initial Coin Offering in the forms of tokens in order to raise capital for the project.

It can be a very good way in order to promote a new project that may be entering the market and i have noticed that if you get in early you can often make a profit from these coins.

 

[Ononivami]

Most definitely, the ICO could be turned the marketing campaign embarked upon by the cryptocurrency companies inorder to raise capital for the project by offering tokens .