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Ico meaning cryptocurrency

Ico meaning cryptocurrency

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This article was originally published on Sep 29, at a. Risks of investing in ICOs.

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What Happens at a Crypto ICO
ICOs are another form of cryptocurrency that businesses use in order to raise capital. Through ICO trading platforms, investors receive unique cryptocurrency �. 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. An ICO or initial coin offering is an event where an organisation sells new crypto to raise money. In exchange for their financial contributions.

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It is often a form of crowdfunding , although a private ICO which does not seek public investment is also possible. How do you know when new coins are launched? Owing to the low barrier to entry, the launching of several new kinds of crypto takes place via this procedure. In this case, the organisation sets a fixed price but does not put any limitation on the number of tokens it will sell.

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