What is an ICO?


The ICO has proven to be a way to transform companies and businesses into more profitable. ICO can be described as a combination of well-known and well-established methods. The most important thing to consider here is that the investors who sell to ICO will be 100% risk-free due to the technology used.

To date, most ICO funds have been collected through Bitcoins (BTC) or Ether (ETH). By working for an ICO, the service generates a Bitcoin or Ethereum address to receive the money later, and displays it on the same page. The process is similar to opening a bank account, and then displaying it on another page for people to send money to.

Initial currency exchange (ICO) is actually an illegal method of collecting money through multiple cryptocurrencies (fiat currencies several times) and is used by cryptocurrency agencies to raise funds for the operation. In the ICO, a portion of the newly issued funds are sold to depositors in exchange for any approved cash or any other cash. We can say that the sale of tokens or the sale of quantities that involves taking money from investors and giving them other things that are relevant to the project that should be initiated.

An IPO, for example, Public Offerings is another method that can be similar to an ICO in which traders receive shares in the company. At ICO, investors buy company funds that can be expensive if the business grows.

The first trading signal, for example the ICO was made by Mastercoin in July 2013. Ethereum collected money through the ICO in 2014. ICO has taken on a new meaning in recent years. In May 2017, there were approx. 20 offerings, as well as the latest browser Brve’s ICO has made nearly $ 35 million in just 30 seconds. As of the end of August 2017, a total of 89 ICO revenues of $ 1.1 billion were made from January 2017.

Advertisers who send Bitcoin, Ethereum or any other currency to their given address and then exchange it, get new signals that can be of great benefit to them if the service is successful.

  • The ICO is managed for cryptocurrency-based operations that rely on familiar technology. That is why naturally such activities compel only those who are interested in cryptocurrency and who are friendly to the technology used.
  • The deed belonging to the seller remains on the web page, whitepaper or webpage. Some of these documents clearly indicate the work, although some may be false to mislead those who are interested. So before you rely on a white paper or e-document, it is best to get a check.