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Topic: How is coins collected in ICO's are managed with Altcoin distribution. (Read 257 times)

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Hello,
I am new to the cryptocurrency world. There are some doubts about ICOs which i need help in.

Can someone please explain the process of ICO.

1. Once the funds are transfered, how are the altcoins distributed?
2. Does one need to have a wallet before hand or will the ICO make a wallet and send the details?



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