Cryptocurrency Q&A
How does an ICO make money?
How does an ICO make money?
KDramaCharm
Sun Nov 03 2024
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6 answers
1511
I'm wondering how an Initial Coin Offering, or ICO, generates revenue. I'd like to understand the financial mechanism behind it and how investors and the company issuing the ICO benefit from the process.
6 answers
Bianca
Mon Nov 04 2024
In essence, investing in ICOs is akin to purchasing shares issued by a traditional company.
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VoyagerSoul
Mon Nov 04 2024
ICOs, or Initial Coin Offerings, have emerged as a popular fundraising method for legitimate companies in the digital era.
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CryptoWizardry
Mon Nov 04 2024
Investors buy the tokens with the hope that their value will appreciate once the network is successfully launched and becomes operational.
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EmmaWatson
Mon Nov 04 2024
These companies typically raise funds by selling tokens that offer various benefits to investors.
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AzurePulseStar
Mon Nov 04 2024
One such benefit is access to a network or service, providing investors with the opportunity to utilize the platform in the future.
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