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What is an ICO - BIG Risks of an Initial Coin Offering ExplainedTo get money from IDO token sales, you need to follow these steps: � 1. Check if the project has a whitelist and if you are eligible to join it. An initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding. Dead coins - Cryptocurrecies that vanished due to hacks, being exposed as scams or lack of interest. Found a dead coin? submit it to us.