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Author Topic: Meaning of ICO?  (Read 5202 times)

Offline priyanka624

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Meaning of ICO?
« on: September 22, 2018, 04:05:20 AM »
Initial Coin Offering
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.
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Meaning of ICO?
« on: September 22, 2018, 04:05:20 AM »

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Offline trackermoney

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Re: Meaning of ICO?
« Reply #1 on: September 25, 2018, 12:00:59 AM »
The ICO is raising funds for the development of a new coin platform that will be launched. An ICO project requires a bounty to carry out promotions so that many investors will join in. ICO offers cheap coins to investors. ICO will also give certain bonus for the investors during some periods in their pre-sale or token sale. Here, ICO is still a legit investment way if we really understand to find out the legit ICO and avoid the ICO scam.
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Offline cashbit

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Re: Meaning of ICO?
« Reply #2 on: October 08, 2018, 10:57:39 AM »
ICO is the team that is running a project. They use this method to obtain funds by participating in ico. Participants who have sent funds will get tokens from the project. Tokens are priced cheaply and are likely to be high afterwards.

Offline Lusan009

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Re: Meaning of ICO?
« Reply #3 on: October 10, 2018, 12:23:03 PM »
Ico are Initial Coin Offerings .
ICOs are a great way for businesses to raise capital for their crypto-based business opportunities. ICO is generally carried out in two phases – Pre sale and Post sale. Pre sale runs for a longer time and this is when the investors are offered special discounts and bonuses on buying crypto coins. The goal of Pre sale is to reach the soft cap, as defined in the whitepaper, while the main objective of Post sale is to reach the hard cap.
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Re: Meaning of ICO?
« Reply #4 on: October 10, 2018, 12:46:50 PM »
ICO is the way made by a company or a group of people to collect initial funds for building their projects. Some people call it by fundrising. They offer crypto coins or tokens to investors with certain discounts. Investors can buy them with low prices, lower than once listed on exchanges. So, the investors also get advantages by buying the tokens or coins in the early token sale phase.

Offline gerald232

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Re: Meaning of ICO?
« Reply #5 on: October 20, 2018, 03:57:39 PM »
I think, the ICO is the process of publishing a new coin that is carried out by a project by explaining the functions and benefits of coins that support the concept of the project in accordance with the details in the whitepaper. The main objective is to raise funds for the development process of the platform.

Offline MOProgress

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Re: Meaning of ICO?
« Reply #6 on: October 21, 2018, 07:03:18 AM »
The word ICO is an acronym of "Initial Coin Offering" which some people used the word "TGE" which stands for Token generation event.
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Re: Meaning of ICO?
« Reply #6 on: October 21, 2018, 07:03:18 AM »


Offline bubblebubble

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Re: Meaning of ICO?
« Reply #7 on: October 24, 2018, 06:25:37 PM »
Meaning is in replies above but it can be considered a stock assignment of a project.

               

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Offline PreshB

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Re: Meaning of ICO?
« Reply #8 on: October 24, 2018, 08:57:49 PM »
ICO  is   a short form of initial coin offering, which also mean,  a  means of  raising fun for a new project.

Offline gerald232

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Re: Meaning of ICO?
« Reply #9 on: November 10, 2018, 05:16:29 PM »
I think ICO is the initial program to raise platform funds. The details, Publication of new or old tokens for certain communities that support the project and made the main token for the community. ICO's final goal is to develop the project from the funds obtained.

Offline khufuking

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Re: Meaning of ICO?
« Reply #10 on: November 10, 2018, 05:24:40 PM »
ICO (initial coin offering) is the process of offering the coins for the first time to the public, which makes the so-called phase (pre-ICO)  does not make any sense, and I think people should start to call pre-ICO=ICO(Initial coin offering) and should start to call ICO=CO(coin offering), that will make more sense to me.
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Offline korollich

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Re: Meaning of ICO?
« Reply #11 on: November 13, 2018, 12:50:55 PM »
In simple language, ICO is another way to raise the funds necessary for the final development, launch, marketing and further development of the project.
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Offline gerald232

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Re: Meaning of ICO?
« Reply #12 on: November 15, 2018, 03:16:29 PM »
The ICO mechanism is token publications through the ethereum, eos and other blockchain networks with the aim of raising funds through token sales. other than that the ICO is the first step in developing the project according to the roadmap specified.

Offline svsanya

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Re: Meaning of ICO?
« Reply #13 on: November 23, 2018, 03:08:35 PM »
ICO is a new financial instrument that helps young cryptocurrencies to start correctly. The fundraising mechanism, under the terms of which.  The future cryptocurrency is being sold for current, liquid virtual money.

Offline MOProgress

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Re: Meaning of ICO?
« Reply #14 on: November 24, 2018, 06:45:55 AM »
Well from the topic here, ICO is an acronym of Initial Coin Offering, which is an even used in issuing out coin to early investors even before the company start any product. It is also sometimes refer to ITO.
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