Definition Of Initial Coin Offering

[Sami balta 53]

Initial coin offering, commonly known as ICO, is the mechanism used to raise funds for financingcryptocurrency-related ventures and it is mostly used by startups as a way of evading the regulated capital-raising mechanisms used by banks or venture capitalists. For example, the Ethereum cryptocurrency project has already raised a lot of money in ICO. This investment model is closely related to Initial Public Offering (IPO) whereby interested investors purchase shares of a certain company. In ICO, the resulting coins are called tokens and they can be equated with the shares of a company that are sold to the investors. ICO has dominated the blockchain community, and many view ICO projects as securities that are unregulated. This can enable the founders to raise the capital required to undertake a certain crypto venture. To make it simple, crowdsourcing eliminates the hustle that is very common in the capital venture process. In every ICO campaign, a given cryptocurrency percentage is sold to the initial funders of the project as an exchange for a legal tender or another cryptocurrency like Bitcoin. Every cryptocurrency startup must create an elaborate plan in its white paper explaining what the project is about, the problems that the project will solve after its completion, the amount of money needed to fund the venture, and the percentage of the coin that the pioneers will keep for themselves if the project succeeds. However, if the venture fails, the funds are returned to the financers and the ICO is said to have been unsuccessful. If the funds are enough, the project is initiated or the funds can be used to complete the project. Generally, ICOs can be easily structured with the aid of technologies like ERC20 Token Standards, which ease the process of developing any cryptographic assets. Investors contributeto the ICO development by sending their funds in the form of Ether or Bitcoin to a set smart contract that can store their funds and, later, distribute the equivalent value of the new token. Anyone can participate in an ICO because this venture has few restrictions, if any, assuming the fact that the token is not a security. Compared to the global pool that many investors find themselves in, with ICOs one can easily raise astronomical profits if things go well. However, there is a large margin of risk because they are extremely speculative since most of them raise pre-product money. But before discussing ICOs in detail, let us look at the historical context of how the entire trend started.

[pkrs 603]

Thanks bro, Good subject content post regarding ICO which is a latest trend in Crypto for all startup companies. ICO initial coin offering  by startup companies in the form of ERC20 tokens of ethereum. Now ripple is about to launch it ICO in this year.

[Uttom Deb 333]

There are some basic coins that we have to offer, because I do not want to be defined as it is not possible for me to define it.  Through it you will receive payment.

[tienda 8776]

Initial coin offering as a marketing promotion to grow their brand coin name, and the best option is offering some coin for free to help their project to attract many peoples to it, because any coin users or invest will not survive.

[Migo 7946]

I know this definition à little bit, and I think we can call those coin an airdrop, because there will à distribution of the coins before they launch them, anyway thanks for the definition, it is true that sometimes we see some interesting things about cryptocurrencies world 

[Afrizal rahman 2636]

Yes ICO is used for fundraising, Ethe alone uses the ICO system to do that. He collected it for a matter of his future progress. Possible ICO is much in demand by several well-known platforms.

[Lubruselu 2803]

The initial coin offering it compressed as ICO which the aim of those project is to promote their new coins just be selling them with the free bonuses up to 2× of what you purchased

[Razan alikac 1899]

It is a great topic, well done, dear, and these investment projects are now very dangerous.

[Jokeer 648]

I know about this information. So, Initial coin offering is called ICO it's used when any new crypto coin lunched. Anyway thanks for the information.

[Yanadia 1517]

Yes and  In the future the benefits of ICO are very large, which will be available to all groups.  The only ICO requirement is that contributors are asked to transfer their funds in a timely manner to buy them.

[Sid 589]

Thanks to OP for explaining about ICO, just for my opinion, ICO for now is very risky because there are very few successful projects when ICO and the majority of tokens and coins prices will drop dramatically when entering the exchange.

[Sami balta 53]

On 1/27/2020 at 1:02 AM, Xenofever1 said:

Wow nice post my friend, I like this kind of post, this is a job that should give a react because of being so informative, to be honest, I don't know the initial coin about, but because of this, I know it now.

Thank you, my friend, I hope all my posts will be useful, informative and liked.

[Laode Muhamad Fajar Indra Wirawan 23]

Definition Of Initial Coin Offering.

 

ICO is short for Initial Coin Offering, which is an alternative choice for a fundraising mechanism where startup blockchain issues their own crypto token and sells the token in exchange for BTC or ETH. Token users can use these tokens on certain platforms or sell tokens on the exchange. The token basically functions like a voucher where tokens can be exchanged for goods or services on a predetermined platform.

[wijont 101]

that is the superb topic to realize some understanding that preliminary coin supplying is the sale if token selling that it's miles giving at a totally low fee before it is going to listing within the market.as a way to supply some income to their members who invested.

[Sagor 500]

On 1/28/2020 at 12:37 AM, Crypto Najeeb said:

This is the very good topic to know some knowledge that initial coin offering is the sale if token selling that it is giving at a very low price before it is going to list in the market.which will give some profit to their members who invested.

right you are. the initial coin offering is the process of making some asset for the project and selling the coin at a very low price.

[DrHaman 375]

The primary foreign exchange most of us be given on account of working away at most of these internet websites is usually generally termed the leading foreign exchange, that is certainly, the primary foreign exchange that is certainly presented or maybe settled, usually cures telephone the leading foreign exchange.

[aymandr 206]

An Initial Coin Offering (ICO) is the cryptocurrency industry's equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO.
 

[Jhadhasan 872]

However, cryptocurrencies are often offered in the ico stage, but they ultimately fail. We have to be careful in selecting currencies that we invest in this stage and choose our investments on logical bases.

[Aminakhan 65]

ICO coin offering is just attract more people or build community and company distribute his coin to people after joining his social media accounts or like profiles .

They pay you some token as a reward.

Run affiliate part as well if some one referals to others you get reward.

[Mutahir Arshad 48]

Wow decent post my companion, I like this sort of post, this is an occupation that should give a respond on account of being so enlightening, to be completely forthright, I don't have the foggiest idea about the underlying coin about, but since of this, I know it now.

[Jeet Narayan 1940]

Initial coin offering short name is ICO and commonly this is the mechanism of financial in Crypto market or industry market. ICO is little bit similar like banks because we invest their and protects our funds by investing in some projects ico.

[mohmustmmau 4]

Hey! Thanks you very much for the information, i was just talking about this with my friend and trying to debate about wich is better ICO or IPO but i definitely prefere IPO without even thinking but yet again thanks for the good info buddy.

[BitcryptoHan 2557]

On 3/11/2020 at 9:52 PM, groijneny2 said:

They are the coins that we can buy in exchange of investing in the project, like stocking.

Your definition is not completely. They are projects that we invest on to develop that has results to losses of investment capital as they are now not profitable and risky to invest now. 

[Ms.o 3322]

Initial coin offering or ico is an act of gathering an investors to invest on a new coin released by a project developer.nowadays,since the crypto currencies are getting popular,many people use this to make a project for them to earn,but unfortunately it was being abused,they make a new coin and promote it through ico but turned out to be a scam. So choose wisely when investing on an ico.

[Dark_Sky 8489]

5 minutes ago, Firman Permana said:

yes and  in the future the benefits of ICO are very large, a good way to be to be had to all groups.  The only ICO requirement is that participants are requested to switch their price range in a well timed way to buy them.

That's absolutely right!  When the groups grow their members they will benefits when it comes to switching the price range that can lead to success.