What is a blockchain ICO & how does it work?

Creating a blockchain and cryptocurrency is a costly endeavor. Developers must pay for legal counsel, programmers, facilities, and other expenses. An ICO is intended to raise funds to pay for the costs incurred during a blockchain’s or coin’s development.

What are Initial Coin Offerings (ICOs)?

Initial coin offerings (ICOs) are a popular way to raise funds for products and services usually related to cryptocurrency. ICOs are similar to initial public offerings (IPOs), but coins issued in an ICO also can have utility for a software service or product. A few ICOs have yielded returns for investors.

What is a bitcoin ICO?

- Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides What Is an ICO? An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether.

Are Icos the catalyst for the blockchain Revolution?

The age of truly a democratised investment industry has not been reached yet, still ICOs have helped to make progress by giving rise to novel methods of raising funds and are always going to be remembered as the catalyst for the blockchain revolution. Are you ready to buy cryptocurrencies?