Its bad in my opinion, but seems like more and more are doing it. PCO just creates another layer of buyers who get in before you do and at a lower price.
No PCO for the BannerCoin ICO
Topic: New Term - PCO (Read 463 times)
No PCO for the BannerCoin ICO
What would PCO stand for? Pre-coin offering? I think it is quite easy enough just with using terms such as pre-sale, I do not feel the need for a new acronym.
Its bad in my opinion, but seems like more and more are doing it. PCO just creates another layer of buyers who get in before you do and at a lower price.
Many ICO issuers are using presales or private investor sales to raise money prior to issuing a new coin to the general public. I've coined a new acronym for them - PCO. Thoughts?
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