MEME: How I feel about ICOs

digicrypt(60)
Published in
#meme
Words
159
Reading
1 min
9y
Listen to this post
~1 min

It seems like everybody is having an Initial Coin Offering these days!

There seems to be an endless list of ICOs these days.

For those of you who are unfamiliar with the term ICO, read the investopedia definition below!

DEFINITION of 'Initial Coin Offering (ICO)

"An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.Also called an Initial Public Coin Offering (IPCO)."

Read more: Initial Coin Offering (ICO) http://www.investopedia.com/terms/i/initial-coin-offering-ico.asp#ixzz4i6TzNaKJ

Check out the most recent example of an ICO with Kik messenger app.

 

If you want to stay up to date on crypto and Fin Tech news follow my blog @digicrypt.

DASH: XgQ9NBonMoCPKhF37agY4W8zk7gwQFnwGV

Litecoin: LfqygtBxy3AJgEpTnTMUYGEoTYEcED8YPZ

MEME: How I feel about ICOs | Ecency