I'm wondering if an Initial Coin Offering (ICO) has the ability to print money, just like how a government can print its fiat currency. Can an ICO really do that?
5 answers
Federico
Mon Nov 11 2024
An ICO, in its essence, represents a unique fundraising mechanism employed by companies.
ShintoBlessing
Mon Nov 11 2024
Through an ICO, a company creates its own digital currency.
emma_carter_doctor
Mon Nov 11 2024
This digital currency is then offered to potential investors as a means of raising capital.
TeaCeremony
Mon Nov 11 2024
Encountering a start-up that is associated with an ICO is not uncommon.
Dario
Mon Nov 11 2024
These start-ups, at some point in their journey, have either already conducted, are currently engaged in, or have plans to undertake an Initial Coin Offering.