Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Crestie C. Tuvilla on May 22, 2018, 02:50:30 PM
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An initial coin offering,also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether .....ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion w/in the blockchain community.
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It is just a method of coin distribution to fund development.
Crowdfunding is used to distribute the coins, instead of mining the coin initially.
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ICO was an Initial Coin Offering. where one can participate in it to make investments or as bounty therein in order to offer and promote the projects to get a reward at the end of ICO.
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ICO is an initial Coin Offering. ICO itself are much sought after by many, was made into a container to mine coin. because of the way, this is indeed easy and simple so that it is no wonder the ICO became very popular.
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Ico initial coin offering now in cryptomarket has many icos I think this is the first stage of altcoins because people make own project and tokens to cryptomarket if this project successful tokens chance to altcoins.
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ICO is an initial Coin Offering.presale coins of a cryptocurrency or token of a blockchain project has evolved in a successful instrument to raise funds for the development of a new application.
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ICO
Initial Coin Offering.Maybe the first cryptocurrency distributed by an ICO was Ripple. In early 2013 Ripple Labs started to develop the Ripple called payment system and created around 100 billion XRP token.