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Topic: What is ICO? - page 2. (Read 330 times)

member
Activity: 518
Merit: 11
January 28, 2018, 05:56:46 AM
#8
ICO is a method of raising funds for the purpose of developing crypto projects, and the funds are huge.
I do not know about ICO yet, and I want to ask, what are the advantages of ICO ?
anybody please explain it !
jr. member
Activity: 307
Merit: 2
PLAY💎EARN https://dragon.mt2.ro/
January 28, 2018, 05:33:46 AM
#7
ICO means Initial  Coin Offering Huh
member
Activity: 454
Merit: 13
January 28, 2018, 05:33:14 AM
#6
I'm new to crypto and to this forum and I am also researching ICOs to learn more about them. What I've learnt so far is that, as has been said above, they are Initial Coin Offerings and, from what I can see, they are a way that new, blockchain-related companies can raise money from investors that they can then use to promote their business and develop their technology and services. Some companies are new with no product or service, which makes them much higher risk to invest in, while others have products and services already on the market.

There are different stages of ICO. There can be one or more pre-sales phases where coins in the ICO are offered at discounts (the earlier the pre-sale the greater the discount). At the public launch the discount is less. Once the ICOs have concluded their funding rounds the coins themselves may go on to be listed on cryptocurrency exchanges, but from what I can see this may not always happen. The price, if listed, can then vary, sometimes quite dramatically. I can see that in some cases prices have gone up or gone down by very large amounts, but I'm not sure what drives the prices in such a substantial way so quickly yet. I'm still researching but hope what I've said may be of some help.
newbie
Activity: 112
Merit: 0
January 28, 2018, 05:27:39 AM
#5
ICO is the abbreviation of Initial Coin Offering, which is a way to raise funds in return for the original digital encrypted currency. ICO is adapted from the Initial Public Offering of the securities industry. In essence, ICO is also a 'public offering' that turns the subject matter of the issue into a digital encrypted currency.

Ordinary ICO project participants in the hands of project tokens generally through the digital currency trading platform to exit.
sr. member
Activity: 658
Merit: 260
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January 28, 2018, 05:02:20 AM
#4
ICO is a crypto-currency-based form of financing through the sale of a Token Key and the purchase of tokens on a regular basis by Bitcoin or Ethereum (usually purchased by ETH).

Unlike normal capital mobilization, the buyer will hold the passwords issued by that company, collectively known as Token.

Holding a token is simple, if you buy with ETH you can store the token on your ETH wallet. Bitcoin is similar.

Your definition is okay but I want to add that we don't necessarily save our tokens into companies wallet and there is usually no such company which provides us passwords or stuff like that. Do you have any source for that one ? (not often I mean )

We usually just send ETH to the said contract address and on the basis of that Txid we get credited the desired amount of tokens into our ERC 20 supported wallets such as MEW.

And whether you buy with the ETH or BTC the output is stored in the ERC 20 wallet only.
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P.S. Keep up your work with quality posts. You being new I'm giving merit for your efforts.
sr. member
Activity: 672
Merit: 251
January 28, 2018, 04:56:46 AM
#3
ICO means Initial Coin Offering(ICO). This is where many people are buying the coin what a certain project is offering. Initial, this is where the project is introducing or this would be the first time you got the chance to buy this kind of coin. So many people are not wasting time for them to buy in this kind of event. Because in this kind of event, people got a lot of bonuses especially at the presale.
newbie
Activity: 95
Merit: 0
January 28, 2018, 04:47:42 AM
#2
ICO means Introduce Coin Offering where some startups offers their tokens with discount when they are introducing their company... Wink Wink Cheesy
newbie
Activity: 7
Merit: 1
January 28, 2018, 04:42:33 AM
#1
ICO is a crypto-currency-based form of financing through the sale of a Token Key and the purchase of tokens on a regular basis by Bitcoin or Ethereum (usually purchased by ETH).

Unlike normal capital mobilization, the buyer will hold the passwords issued by that company, collectively known as Token.

Holding a token is simple, if you buy with ETH you can store the token on your ETH wallet. Bitcoin is similar.
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