What is ICO?

[ShiraWilliam]

Initial Coin Offering (ICO) is well known for its quick fund raising trait among the business folks as well as crypto users. It not alone aid in finance sector but also in numerous start-ups dreams comes true and provide a authority over the respective asset. In ICO platforms, cryptocurrency are used in the form of tokens for trading purposes. Most of the ICO are widely developed in ERC20 standard that belongs to ethereum platform.

This ICO is often compared with Initial Public Offering (IPO) which play a vital role in ICO fund raising by providing hope to the investors by sharing a asset token, which also increase that token value in the market. This create hope and grab investors attention to invest in the business. 

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