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Read more: Buying Your First. PARAGRAPHAs a type of digital crowdfunding, ICOs enable startups not says he believes all ICOs giving up equity but also to establish a community of incentivized users who want the project to succeed so their presale tokens rise in value.
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What is an ICO? - CNBC ExplainsAn initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding. ICOs are another form of cryptocurrency that businesses use in order to raise capital. Through ICO trading platforms, investors receive unique cryptocurrency �. An Initial Coin Offering (ICO) is a crowdfunding event to raise money for a new cryptocurrency asset, company, or venture.