What Is an Initial Coin Offering (ICO)?
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Are you curious about how blockchain startups raise capital to fund their projects?
Look no further than Initial Coin Offerings (ICOs) – the cryptocurrency industry’s answer to Initial Public Offerings (IPOs).
Companies can raise capital and generate excitement around their new coins, apps, or services by selling digital tokens to investors.
Investors who purchase these tokens through an ICO receive a unique cryptocurrency token that may hold value in several ways. For example, these tokens may have a functional purpose within the company’s product or service, giving investors access to exclusive features or content.
Alternatively, they may represent a stake in the company or project, providing investors with a share in potential profits. With so many opportunities for return on investment, it’s no wonder that ICOs have become a popular way to finance blockchain-based ventures.
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Scam
There are other things now like IDO and IEO too
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