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Topic: What is ICO? (Read 374 times)

jr. member
Activity: 196
Merit: 1
June 04, 2018, 10:56:07 PM
#40
In simpler words, ICO is a way for the world wide web to raise funds for a concept that a company or an individual believes in. It is a relatively a new concept that has gained momentum and now experiencing a boom in crowdfund sourcing.
member
Activity: 377
Merit: 10
The Premier Digital Asset Management Ecosystem
June 04, 2018, 04:00:38 PM
#39
ICO is a fund raising mechanism very similar to an IPO (initial public offering of a company's shares). The difference is that the company that attracts funds creates a new crypto currency, and you transfer your money to this company and in return receive this new crypto currency, which carries some obligation.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
June 04, 2018, 03:56:52 PM
#38
Is ICO an technology or really what is ICO?
ICO is not a technology. From abbreviation stands ICO alone is predictable what sense. ICO is just a cool term for pre token sales before it is released in exchange, which is where you are given a lower price. And the goal is to raise funds from the sale of tokens to finance the entire token project they are working on. No more than that.
newbie
Activity: 252
Merit: 0
June 04, 2018, 03:47:43 PM
#37
ICO is the abbreviation of Initial Coin Offering,it means that someone offers investors some units of a new cryptocurrency in exchange against other cryptocurrencies like Bitcoin or Ethereum.
newbie
Activity: 19
Merit: 0
June 04, 2018, 03:23:35 PM
#36
ICO is an unregulated means by which funds are raised for a new cryptocurrency venture,a percentage of the crypto is given to early backers of the project in exchange for legal tender or other cryptocurrencies.
legendary
Activity: 1008
Merit: 1060
June 04, 2018, 02:57:06 PM
#35
Now that everyone has given the basic point of ICO, (others even gave the meaning of ICO lmao of course ICO stands for initial coin offering), I raise you all this thread: https://bitcointalksearch.org/topic/m.37027782

I think that it's really really useful. I found it when I was going through the altcoin board looking for something worth reading. Luckily I have found that. It's for people who are interested in investing in ICOs or going to join an ICO campaign or anyone who's interested in an ICO, basically. I think the writer actually know what he's doing based on the insights that gave in that thread so going through his post history might give you even more ideas about ICO or cryptocurrency in general but of course consult you're bff, google, first. There's more article about ICOs and crypto out there but I just suggested this guy's post because it's written in a way that any of us can understand. Not much of technical words used, only simple English.
full member
Activity: 476
Merit: 100
June 04, 2018, 02:46:01 PM
#34
ICO is initial coin offering. Startups use ICO to raise fund  for their projects. The startup (new company) will provide a white paper that contains the concept of the project. How much that is needed and what the raised fund will be used for. It also indicates dates the ICO begins and when it will end.
newbie
Activity: 154
Merit: 0
June 04, 2018, 02:35:03 PM
#33
ICO is "Initial Coin Offering" if someone creating own project and find out the fund to create their project, for fund rising they will start ICO, and in block chain technology any where from the world you can participate and you will get good return on investment when the coin listed in any exchange and their product going to success, ICO is good for genuine project and good for investors also,
newbie
Activity: 64
Merit: 0
June 04, 2018, 02:32:38 PM
#32
ICO : Initial Coin Offering , it's like funds are raised for a new cryptocurrency venture . There is an exchange for early backers of the project and some percentage is sold to them in exchange for legal tender but usually for Bitcoin .
jr. member
Activity: 83
Merit: 1
June 04, 2018, 02:23:35 PM
#31
the full form of ICO is  Initial Coin Offering.
newbie
Activity: 18
Merit: 0
June 04, 2018, 01:44:17 PM
#30
ICO (Initial Coin Offering) is similar in concept to an initial public offering (IPO), both a process in which companies raise capital, while an ICO is an investment that gives the investor a cryptocoin, more commonly known as a coin or a token in return for investment, which is quite different to the issuance of securities as is the case in an IPO investment.
While ICOs are to mainly raise capital for a start up, they are also used to kick-start the sale of a service to be taken to market or the use of a new cryptocurrency.
newbie
Activity: 168
Merit: 0
June 04, 2018, 04:50:39 AM
#29
ICO (Initial Coin Offering)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, but usually for Bitcoin.
For more information: https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp
jr. member
Activity: 154
Merit: 3
June 04, 2018, 04:41:05 AM
#28
ICO is a mechanism for raising funds, under the terms of which future crypto currency is sold for current, liquid virtual money!!!
member
Activity: 239
Merit: 10
June 04, 2018, 04:24:47 AM
#27
Is ICO an technology or really what is ICO?
The ICO is a fundraising event through selling of new tokens. Its aim is to have funding capital to develop related projects. The tokens sold are usually has a function to use as an internal transaction tool. Hence, the coins will be listed on the exchange which can be swapped with etherium or bitcoin.
copper member
Activity: 252
Merit: 3
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
June 04, 2018, 04:22:54 AM
#26
Is ICO an technology or really what is ICO?

ICO is not a technology. Its "Initial Coin Offering" like IPO in the stock market. There is a private sale through which potential investors are requested to invest the funds. They can buy tokens at a cheaper price in private sale. Then the actual token sale commences for the rest of the public and the fundraising is accomplished. It is to start a new cryptocurrency project. Then the token is listed on the exchange to trade.
newbie
Activity: 27
Merit: 0
June 04, 2018, 04:14:54 AM
#25
Like a start up

ICO stands for "initial coin offering," and refers to the creation and sale of digital tokens.

In an ICO, a project creates a certain amount of a digital token and sells it to the public, usually in exchange for other cryptocurrencies such as bitcoin or ether.

The public could be interested in the tokens on offer for either or both of the following reasons:

1) The token has an inherent benefit – it grants the holder access to a service, a say in an outcome or a share in the project's earnings.

2) The benefit will be in increasing demand, which will push up the market price of the token.

Tokens, especially those of successful sales, are usually listed on exchanges, where initial buyers can sell their holdings and new buyers can come in at any time.

As a type of digital crowdfunding, token sales enable startups not only to raise funds without giving up equity, but also to bootstrap the project's adoption by incentivizing its use by token holders.

Buyers can benefit from both the access to the service that the token confers, and from its success through appreciation of the token's price. These gains can be realized at any time (usually) by selling the tokens on an exchange. Or, buyers can show their increasing enthusiasm for the idea by purchasing more tokens in the market.
newbie
Activity: 27
Merit: 0
June 04, 2018, 04:11:21 AM
#24
ICO is Initial Coin Offering, just like IPO (Initial Public Offering) for stock. But here in ICO, offering is in digital currency instead of stock in IPO. Trading is done directly through company and investor. It means if you don't invest in ICO and you want to buy altcoins after ICO, then you have to purchase it through third party assuming all the altcoins are subscribed during ICO and you may be required to pay higher price than at ICO depending on the valuation of altcoins in the market. It is done to raise the fund or finance the projects required for business. It helps in the development of currency market. On the other hand, it is investment opportunity for investor to invest in crytocurrency at very low price. For example - most of the altcoins is priced at one cent at ICO. So, investor can highly benefit from ICO. Example - at ICO the price of altcoin is one cent and after certain time it reached $1. This is 9900% increase in price.
ICO is not technology.
newbie
Activity: 52
Merit: 0
June 04, 2018, 04:02:39 AM
#23
The definition of ICO is " INITIAL COIN OFFERINGS" same as IPO n stock market. It means tha someone offers inventors some units of a new cryptocurrencies or crypto-token in exchange against cryptocurrencies like BTC or ETH..
member
Activity: 742
Merit: 10
June 04, 2018, 03:44:09 AM
#22
ICO- stands for Intial Coin Offering.. Form of investment in one cryptocurrency and the amount that they raised from this will use to develop to their project.
jr. member
Activity: 207
Merit: 2
June 04, 2018, 03:21:07 AM
#21
Initial Coin Offering (ICO), which means it is the earliest coin offer before it is launched into the free market. ICO is usually offered by developers where their goal is to raise funds to develop projects they do in this case is digital coins. They need funds to maximize the projects they do in order to quickly develop and can be completed quickly. For developers they will get funding to accelerate the projects they develop so that they can be enjoyed by many people. For investors will get tokens or coins that later coins can be traded freely in the market exchangers. The advantage for investors who follow ICO before the coin is launched into the free market is the price given will be cheaper. And usually when the coin is launched the price will jump up to more than 5x the price of ICO. This is what makes investors enjoy this ICO.
full member
Activity: 504
Merit: 100
June 04, 2018, 01:00:02 AM
#20
Ico I think it is indeed technology and from that technology people create new tokens or coins with Blockchain technology by way of marketing in the media or also forum Bitcoin
copper member
Activity: 308
Merit: 0
June 04, 2018, 12:53:57 AM
#19
Simply its caller Initial coin offering. At present, more and more new projects are coming, but everyone can't raise their capital just by the project team so they will release some tokens (something like stocks) for fund raising. After the project ends or partially completed, investors can sell their tokens.
member
Activity: 266
Merit: 10
June 04, 2018, 12:35:51 AM
#18
Is ICO an technology or really what is ICO?
ICO stands for Initial Coin Offering, it was like a project proportion from a company that will launch an token of their own, if you participate in ICOs you must do a proper research of everything because some of ICOs is a scam so be careful.
member
Activity: 84
Merit: 10
June 04, 2018, 12:31:34 AM
#17
ICO Extension of Initial Coin Offering. Initial means the earliest, Coin means digital token / coin and Offering means bidding, when interpreted in its entirety means the earliest coin offerings before being launched into the free market.
brand new
Activity: 0
Merit: 0
June 04, 2018, 12:02:36 AM
#16
Means initial coin offering, they are doing that for the financial support of the project
legendary
Activity: 2492
Merit: 1018
June 03, 2018, 11:59:08 PM
#15
Its about collecting money  from  investors who will join the economy of the project. Its easy to profit from  ICO when a project has the potential to grow. ICO  are  getting  more and more these days but I think it will be lesser in the coming days when companies that are about to  do an ICO  needs to register and verify  themselves to the government.
hero member
Activity: 840
Merit: 500
June 03, 2018, 11:52:39 PM
#14
Is ICO an technology or really what is ICO?

ICO is initial coin offering.

It is similar to IPO whereby stock went to official exchanges to sell their share. Instead, ICO sold their utility/security tokens instead of the company rights. The process of ICO is also shorter than IPO which include many funding rounds and years of preparation.
jr. member
Activity: 196
Merit: 2
June 03, 2018, 11:49:56 PM
#13
initial Coin Offering or ICO is one of the best way of collecting funds or investors. This play as a important role in developing projects because with the helped of ICO company needs more funds to make or to run their projects. ICO was created to help people to find another easy ways to collect and invest money in the project.
newbie
Activity: 406
Merit: 0
June 03, 2018, 11:46:35 PM
#12
ICO means initial coin offering. By issuing ICO a new company collect money from the market. So, it's a capital raising process required by venture capitalists or banks.
newbie
Activity: 238
Merit: 0
June 03, 2018, 11:40:01 PM
#11
ICO means you buy token and help that project to raise capital to develop their project, if that project live well, you also can earn profit from token you bought, if it does not, you get loss.  Grin Grin Grin
member
Activity: 322
Merit: 10
June 03, 2018, 11:38:59 PM
#10
ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
if the amount of funds collected reaches the target number determined then investors and bounty hunter will be rewarded in accordance with predetermined conditions, but if and not collected there will be no rewards whatsoever and funds from investors will be returned
after the investors and bounty hunters get their respective rations they can sell the tokens they get in the available market to buy the token or choose to keep it and sell it within a certain time in order to profit from the price difference.
member
Activity: 1021
Merit: 12
June 03, 2018, 11:37:33 PM
#9
ICO is Initial Coin Offering. They offer the ICO to raise funds to develop their projects in order to their projects to success. If successful then the project and the participants will join the ICO a success.
member
Activity: 322
Merit: 10
June 03, 2018, 11:36:19 PM
#8
ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
if the amount of funds collected reaches the target number determined then investors and bounty hunter will be rewarded in accordance with predetermined conditions, but if and not collected there will be no rewards whatsoever and funds from investors will be returned
member
Activity: 322
Merit: 10
June 03, 2018, 11:28:45 PM
#7
ICO stands for Initial Coin Offering, which is held when a developer will create a new product/service and the developer will receive funds from investors interested in the product, and when the product launches the investor will be rewarded in the form of a token of the product in accordance with the amount of funds invested
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
June 03, 2018, 11:24:55 PM
#6
ICO is a fundraising event by selling new tokens, with the aim of finding capital to develop related projects
the token sold usually has a function to use as an internal transaction tool
and also, the coins will be listed on the exchange, which can then be swapped with ETH or BTC
brand new
Activity: 0
Merit: 0
June 03, 2018, 11:22:40 PM
#6
ICO is actually a pre-sale. At the very beginning, donate some coins as working capital or R & D funds to this team, and this team will give you a coin at the corresponding price, usually the ICO's coin price will be very low.
member
Activity: 317
Merit: 81
Next to Full Member Rank.
June 03, 2018, 11:19:02 PM
#5
Is ICO an technology or really what is ICO?
Hi, let's not make it complicated.

ICO meaning - Initial Coin Offering

It just means the initial offering of some project, you can make an ICO for some project in order to finance and pick some money up to support that project.
newbie
Activity: 98
Merit: 0
June 03, 2018, 11:13:58 PM
#4
What I know about ICO is a fundraising effort to build applications related to Blockchain and its implementations such as cryptocurrency, bitcoin, smart contract and smart ledger. ICO offers a number of tokens to investors that are usually valued by Cryptocurrency such as Bitcoin.
sr. member
Activity: 1344
Merit: 261
June 03, 2018, 11:08:48 PM
#3
And to add some information about ICO, ICO stands for Initial Coin Offering, ICOs are also used to fund the development of new currencies, which we call them altcoins or altcurrencies.
newbie
Activity: 5
Merit: 0
June 03, 2018, 11:01:55 PM
#2
ICOs are a combination of donating and investment. Knowing that some frauds exist in the industry, the community has adopted self-governing best methods and principles concerning ICOs. Multiple platforms promised due-diligence of projects before enlisting them and giving the financial compensation the project team for accomplishing some pre-defined objectives. People also demanded multi-signature system to increase safety.
Some ICOs use a single Bitcoin public address to raise funds. This method is bad for privacy, but on the other hand, it is good when it comes to audit the money raised. Other ICOs use cryptocurrency protocols that already exist to create tokens. This simplifies the creation process. Some examples of protocols are NTX, Bitshares, NEM, Factom, Lisk or Counterparty.
jr. member
Activity: 48
Merit: 4
June 03, 2018, 10:47:06 PM
#1
Is ICO an technology or really what is ICO?
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