Topic: What is ICO ? - page 5. (Read 2661 times)

it is the replacement for the old method of scamming called pre-mine

Most probably you will find +ve views about the ico in the Google but still here I would like to tell you in better way .
About the last last year it was believed that most of the ico are scam because they sale Thier token but don't launch the
Coin and that results into loss , or may be they will launch after 2-3 years ( best example of yes coin that my friend gave me )
So this is really a bad thing , but if you have good amount of money then it will be better for you .
But in the current time of year the ICOs are best option for the earnings purpose , because in the current time many big big
Exchange are supporting the ico  to collect fund before the launching , so people are investing more than what was in the
Last year condition .
So overall if you want to invest then it will be more better that first of all take all necessary knowledge about this and then
Invest otherwise forget your money .

Why do you think so, huh? Tell me know what you think.

Haha, but you can make money from that before it scam, why not use positive thoughts to make money from it instead of neglecting to ignore the opportunity and sad when you miss that. As ETH when down to 6$ if you can buy 100 ETH, in present you can have ~25k$ and can use this money for relax

initial coin offering, you can understand it as IPO, it is just an another way of financing. the coins will be redeemed in future.

I start learning ICO from this site: it introduces ICO in an simple way to understand

https://bitsonblocks.net/2017/04/25/a-gentle-introduction-to-initial-coin-offerings-icos/

Yup and for a large variety of reasons too.
But since people are greedy scumbags they are tolerated.
This was not always the case either..
Rewind back a couple years and none of this was possible.
What happened?
New guys kept showing up lowering the bar.
The scene gets more scammy, greedy & corrupt as time goes on.

The reality here is almost no one cares about right or wrong.
The concept of ideology is long since forgotten and dead.

This whole Altcoin scene morphed into a giant infrastructure for running new pyramid scheme variants.
The ICO was adopted because it streamlined the coin creation process.
And allowed the so called dev's to bypass the fairness of a mined launched coin.
It then became possible for a device to buy or simply set aside vast premines at launch..
Where as before the dev'would have to invest in mining hardware and mine the coin at launch like everyone else.

Simply put it made exploitation far easier.
And in the process has set back the advancement of crypto by many years.
The ICO system is simply an exploited push into bad territory.. Centralization.
It will take years to get back to where we were... Once we get rid of the greedy profiteer leeches.

The reality is the ICO has raped and left for dead the concept of idealogy
It pissed all over it in in the name of "white paper" ROI's.

Ripple and Maidsafe and Ethereum had been launched when there was still credibility in crypto.
Back then the scene ignored those three shitcoin and we all called TV employees stupid scammy bullshit.
Those people are gone.
The new guys showing have no trouble supporting ANYTHING as long as it makes them money.

REAL MONEY!

Ideaology is not going to stand in their way.

If Satoshi wanted to launch an ICO he would have.. but he didn't did he?
What is different between back then and now?
It's simple..
Back then we wanted to break free from banks etc and start a fairly launched digital currency.

NOW?

We have scammy garbage like Ethereum..
That is not secure.. Not fair.. And hell not even a fucking CURRENCY.

Initial coin offering. This is a way to generate funds by selling tokens to general public via crowd sale.
If you wanna know about it in detail Google it. I am sure there are a lot of material on this.

ICO is the process where startups normally make a crowd sale and offer coins, like the DENTCOIN team, for example, they are having and ICO soon check their website dentcoin dot com

ICO is a revolutionary funding model that allows new tech to flourish. Basically instead of waiting years for specific individuals and their friends to mine coins into their own wallets ICO opens up that initial coin distribution to everyone and anyone who would like to purchase some. This allows the devs to focus purely on developing their tech by keeping the financials separate to any development. The best ICO to invest in is ETH and you can buy these from any exchange.

Initial Coin Offering - a scammy distribution model, stay away!

ICO means "Initial Coin Offering" when you're joining on ico you need a btc for investment but don't worry you can earn a huge of bitcoins by joining this project, It means by which funds are rised for a new crypto venture, Early investors are usually motivated to buy the coins in the hope that the project becomes successful after it launches which could translate to a higher coin value ICO are similar to Crowdfunding and it deals with supporters that are keen to invest in a new project.

Thanks Buddy

you can simply use google to search "what is ICO" and find this nice link: www.investopedia.com/terms/i/initial-coin-offering-ico.asp

and a lot more on this forum: https://www.google.com/search?q=what+is+ico+site:bitcointalk.org

Help me to understand what is ICO ..?