What are initial coin offerings (Idos) & how do they work?
Could you elaborate on the concept of Initial Coin Offerings (ICOs) and their operational mechanisms? As a cryptocurrency enthusiast, I'm curious to understand the nuances behind this financing mechanism in the crypto space. I'm specifically interested in how ICOs are structured, the roles of various stakeholders involved, and the process of raising funds through this method. Additionally, I'd like to know about the risks associated with ICOs and how investors can evaluate potential projects before participating.