ICO stands for Initial Coin Offering or Coins The Initial Bid is a company that offers their digital money / coins to investors, which can be traded on digital money exchanges.

Since 2013, the ICO has been used to raise funds in developing their companies. By conducting an ICO, the company does not need to issue funds from the bank and can avoid the interest bank and various bank regulations that are quite strict.

Not everyone can take part in the ICO because of the rules used by their respective countries. Examples are USA, China and several other countries that connect citizens to ICOs.

Many people are interested in joining ICO because they don't want to "miss the train" or commonly called FOMO (Fear Of Missing Out). All new coins have an event to be "next BTC", but are very minimized.

When investing in an ICO, the coins sold are enough for investors and the things that are done are those that do not allow them to buy the coins at a price that will be very profitable.

Examples of successful ICOs are NXT, IOTA, ETH, NEO and others. They deserve to be called because their ROI has increased by thousands of percent. An example is Ethereum, the price of 1 coin at ICO time is $ 0.311 cents (around 4200 rupiah) and on January 12, 2018, 1 is located at $ 1221 (about 16 million).