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Topic: What is ICO ? (Read 551 times)

newbie
Activity: 49
Merit: 0
February 19, 2018, 10:15:25 AM
#87
I'm also new to this. I just read somewhere that ICO is when a cryptocurrency startup firm wants to raise money through this, it usually creates a plan on a whitepaper which states what the project is about, what need(s) the project will fulfill upon completion, how much money is needed to undertake the venture, how much of the virtual tokens the pioneers of the project will keep for themselves, what type of money is accepted, and how long the ICO campaign will run for. The fundamentals are pretty much about this. I hope this helps!
member
Activity: 840
Merit: 40
February 19, 2018, 10:07:15 AM
#86

Pretty new to cryptos, and I have bought ADA,XRP and NEO...

Reading a lot about ICO's but cannot really figure out what ICO's are...

Any anyone explain me the fundamentals ?

ICO means initial coin offering by which, a new company launch its project for purchase for their coins at a price fixed by a company.Companies offers some special bonuses to their investors in pre ICO.
member
Activity: 350
Merit: 39
dApps Development Automation Platform
February 19, 2018, 09:33:12 AM
#85
Hi!Ico is when project comes out and they need money for growing they whole idea,project and pay to exchanges whr they need to distribute tokens,but now loot of icos is scam but in near future i think this problem need to get away with  legal permission system.
member
Activity: 182
Merit: 10
February 19, 2018, 09:26:55 AM
#84
ICO is a place to make money in the modern era, because we only invest in ICO and wait until ICO we invest in exchange and the price increases and we sell to get a big profit, compared we invest in elsewhere.
ICO stands for Initial Coin Offering. It means that if we will invest in public for the first time, it offers us to buy a coin to change it for funds. It means someone offers investors some unit of new cryptocurrency or crypto-token for in exchange against cryptocurrencies like Bitcoin or an Ethereum. They sell their crypto for an exchange of ethereum or bitcoin.

Technically, it can be in exchange for anything, as you can send fiat to many of the ICOs. I would only use ether because at least you have a smart contract.
jr. member
Activity: 252
Merit: 1
February 03, 2018, 07:02:01 AM
#83
What is ICO? ICO is a token or coin prize project which is obtained free of charge after we follow and execute his orders made by certain parties to promote his business.
full member
Activity: 392
Merit: 100
February 03, 2018, 06:47:40 AM
#82
ICO or Initial Coin Offering is one way a company raise money or capital for their project. They sell or offer investors some units of their new cryptocurrency or token at a discount in exchange for Bitcoin, Ethereum or fiat. This is often used to fund the development of new cryptocurrency. If that cryptocurrency succeeds, investors will make a profit. If the ICO goal is met, the project launches and the token will become functional units of currency.
full member
Activity: 322
Merit: 101
February 03, 2018, 06:42:40 AM
#81
ICO  is the way for coins to raise funding for their projects by setting target of the funds they can raise (soft and hardcap). It is also a way for coins to have an initial feel and knows the reception of their coins in the market.
full member
Activity: 378
Merit: 103
February 03, 2018, 06:27:36 AM
#80
ICO means Initial Coin Offering.The developer of the new project will conduct ICO for funding their projects.In this case you will see on how the project will success,from the support of the investors and how the staff work for it.This is also a chance for investors to buy or to invest in project for a very low price.For sure if the project became successful its a big profit for all the one who join the ICO.
member
Activity: 312
Merit: 10
(。◕‿◕。)
February 03, 2018, 06:26:12 AM
#79
ICO, It basically means Initial Coin Offering. ICO is a fund raising to raise a new cryptocurrency coin. The funds collected in the ICOs are used for capitals in commencing companies in crypto currency.
newbie
Activity: 37
Merit: 0
February 03, 2018, 06:19:27 AM
#78
Initial Coin Offering
hero member
Activity: 1139
Merit: 500
February 03, 2018, 06:08:31 AM
#77
ICO is a place to make money in the modern era, because we only invest in ICO and wait until ICO we invest in exchange and the price increases and we sell to get a big profit, compared we invest in elsewhere.
ICO stands for Initial Coin Offering. It means that if we will invest in public for the first time, it offers us to buy a coin to change it for funds. It means someone offers investors some unit of new cryptocurrency or crypto-token for in exchange against cryptocurrencies like Bitcoin or an Ethereum. They sell their crypto for an exchange of ethereum or bitcoin.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
February 03, 2018, 05:55:45 AM
#76
ICO is a place to make money in the modern era, because we only invest in ICO and wait until ICO we invest in exchange and the price increases and we sell to get a big profit, compared we invest in elsewhere.
newbie
Activity: 70
Merit: 0
February 03, 2018, 05:53:30 AM
#75
ico stand for initial coin offering, this is the stage when one wants to startup and build the capital they need for their platform and development of products. there are stages for ICO, usually ICO last from 2 to 4 months depends on how early they reach their target hardcap.
they also allocate amounts to people who help them advertise their platform, more like introducing.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
February 03, 2018, 05:47:17 AM
#74
ICO is stands for Initial Coin Offering. In the name itself we can guess what ICO is. If we invest in public at first time, ICO is offered us to buy a coin in exchange for funds. Hence, they up the token sale and expecting market cap value should be reach soon. As it is sold in the period of time for token sale. We can consider that concern ICO project will get suceeded.
member
Activity: 168
Merit: 10
February 03, 2018, 05:19:07 AM
#73
ICO is the abbreviation of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum. Since 2013 ICOs are often used to fund the development of new cryptocurrencies
jr. member
Activity: 200
Merit: 1
February 02, 2018, 06:00:27 PM
#72
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company.
ICO is a form of token that the coin developers give to every that campaigned for the launching of the coin. After the campaign, a percentage of the coin is distributed to all  who campaigned. Someone can sell it off or keep it.
member
Activity: 574
Merit: 13
February 02, 2018, 04:21:16 PM
#71

Pretty new to cryptos, and I have bought ADA,XRP and NEO...

Reading a lot about ICO's but cannot really figure out what ICO's are...

Any anyone explain me the fundamentals ?

One liner for this: Initial Coin Offering.

It is a public or private offering of a new coin in which investors pay with fiat or an existing coin (normally Ethereum or Bitcoin) and receive a certain quantity of the new coin. For example, I am going to launch the "Rabbit Coin" and I make a public offer for anyone who wants to buy it at 1 BTC for 100 Rabbitcoins. (RBC)

Most of ICOs are really ITOs, Initial Token Offerings really.
In addition, ICO for fundraising, to run the project. That's what I know.
By getting involved in ICO, there are some benefits that can be gained.
full member
Activity: 168
Merit: 100
Live Stars - Adult Streaming Platform
February 02, 2018, 04:16:24 PM
#70

Pretty new to cryptos, and I have bought ADA,XRP and NEO...

Reading a lot about ICO's but cannot really figure out what ICO's are...

Any anyone explain me the fundamentals ?

ICO is an Initial Coin Offering. New way of crowd sale that uses new companies to raise enough fund for their projects.
jr. member
Activity: 399
Merit: 2
February 02, 2018, 03:35:55 AM
#69
ICO in short form called initial coin offering, it is set to offer there coin at low rate by participating in there program and after a limited months or days it  closed. So you can purchase or invest in any at a low rate and returns with Higher profits.
member
Activity: 272
Merit: 12
February 02, 2018, 03:16:13 AM
#68
ICO is an unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies.
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