Cryptocurrency Q&A
What is ICOs in crypto?
What is ICOs in crypto?
CryptoConqueror
Sat Nov 09 2024
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6 answers
694
I'm trying to understand the concept of ICOs in the cryptocurrency world. Could someone explain what ICOs are and how they work in the context of cryptocurrencies?
6 answers
Giuseppe
Mon Nov 11 2024
Investors, interested in the potential of the new digital asset, contribute financially to the ICO.
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CryptoNinja
Mon Nov 11 2024
In return for their contributions, investors receive units of the new cryptocurrency.
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Marco
Mon Nov 11 2024
An initial coin offering, commonly known as an ICO, represents a unique fundraising event in the cryptocurrency sphere.
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Giulia
Mon Nov 11 2024
This process mirrors the traditional method of raising capital through an initial public offering (IPO) in the stock market.
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noah_harrison_philosopher
Mon Nov 11 2024
However, instead of receiving shares in a company, investors in an ICO acquire cryptocurrency tokens.
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