Topic: What is ICO? - page 2. (Read 1372 times)
It's more than just making a new coin. It's crowd funding of projects. You get an idea of a good project, you do an ICO, sell tokens and thus get funding for your idea.
ICO stands for Initial Coin Offering and is the release of a new coin. This is usually done in exchange for another coin (such as Bitcoin or Ethereum). Anybody can develop a new coin (in order to have an ICO), but you'll need a good idea and a lot of coding knowledge to get it done.
What exactly is ICO? Can anyone develop ICO? What are the requirements for joining ICOs?
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