Power your knowledge on crypto.

Initial Coin Offereing (ICO)

What is Initial Coin Offereing (ICO)?

Initial coin offerings (ICOs) are a well-liked method of raising money for goods and services that are typically connected to cryptocurrencies. A company can start an ICO to raise funds for the creation of a new coin, application, or service.

A new cryptocurrency token that the company has released can be acquired by interested investors by taking part in an initial coin offering. This token might be useful concerning the good or service that the business is providing, or it might signify ownership of the business or project.