What are ICOs & Why are It Important for the Cryptocurrency World paulforrester2.tumblr.com

ICO stands for Initial Coin Offering . The concept is similar to that of IPO, Initial Public Offering, well known in the equity context. The similarities are numerous. Companies that go public do so to be financed, or utilize this method for fundraising. And the same goes for companies or indeed projects that intend to finance themselves through ICOs.