6 May, 2019
Initial Coin OfferingPosted on : by : BlockGlossary
Meaning of Initial Coin Offering
Mostly used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.
Investors get coin/token in return for their financial contribution to the ICO, which they can trade off later after project launched for profit or use token within the project ecosystem in cases of utility tokens.« Back to Dictionary Index