What is ICO actually? - page 2. | Bitcointalksearch.org

Distinctin

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Quote from: Lafaka on December 29, 2018, 02:06:26 AM

What is actually ICO? Is this a project? Or it is a currency?

It's a crowd funding, it's a new way of attracting investors now, it is open to the public unlike in the typical way where for selected investors only.
We also have selected investors which they called us private investors but they still run an ICO to attract the public and gain public support.
This is actually good but we investors should be careful in choosing where and which to invest.

Manuel Schenkhuizen

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Quote from: Lafaka on December 29, 2018, 02:06:26 AM

What is actually ICO? Is this a project? Or it is a currency?

ICO is short for Initial Coin Offering, it is derived from the term IPO (Initial Public Offering).
At the time of the initial release, the issuer can choose to sell their crypto for a limited time. The process of this limited sale is called ICO.
But many of the current ICOs are scams, so if you are interested in ICO, then you must be careful.
In my opinion, the safest way to invest in crypto is to buy bitcoin. The risk of ICO is very high.

virendarnagpal

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Some people want to start a business but do not have enough funds. These entrepreneurs were getting funds by getting Bank loans or by issuing shares of their company to general public. But now they can also issue coins to the investors at price fixed by them. This is called Initial Coin offering.
So there is one team behind the project which is in need of money; issues coins (digital currency) to the investors. Investors may get returns (negative or positive) in future.
Currently most of the coins are being sold below their ICO price because of bearish trend in the market.
Many ICOs have proven to be scam also. So before investing one must carefully check whether the funds invested will be safe or not?
As the returns are high so the risk is also high. So get ready to loss the money invested and on the other hand may get huge profits.

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ICO in full is Initial Coin Offering.
It is the latest way of fundraising for Startups or projects where minted digital tokens or coins are offered to investors in exchange for their fiat or top cryptocurrencies like Bitcoin, Ether or Litecoin.
This is done in anticipation that the value of the token offered to the investor/buyer/funder will rise in future when the demand for the token rises thus the investor also gets to realize profits in future when they trade it off.

More info on ICOs
- Tokenization: The world of ICOs
- What Is An ICO?
- What Is an ICO? | Bitcoin Magazine

Velkro

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sold at a very low price before coming to the main exchange. Those who buy coins at that time, they are benefitted later.

Most of the time, they are worth nothing and never appear on any exchange on any serious one.
So anything people buy, they throwing money out of window.

Lafaka

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What is actually ICO? Is this a project? Or it is a currency?

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