ICO FOREVER

By  Zirkon Kalti What is the Definition of ICO? Initial Coin Offering (ICO) is a crowdfunding method used by new cryptocurrency companies to raise capitals. In ICO, some percentages of the newly issued cryptocurrencies are sold to people who are interested in supporting the project. They are sold to exchange for other established cryptocurrencies such as Bitcoin, Fiat and Ether. Backers purchase the new cryptocurrency with an intention to make a profit when it increases in value. It is similar to the principle of people making a profit when the share they bought at the stock market increases in value. ICO is different than purchasing shares at a stock market because you don't get a share of the ownership right when you invest in the new tokens. Brief History on ICOs In the beginning stage, ICO was conducted by companies such as Mastercoin, Ethereum and Karmacoin. Ethereum conducted one of the biggest ICO in 2014 by raising a total of $18 millions in the early stage of 201...

By  Neil Savin   Cryptocurrency is often in the news, and one of the things that has recently been causing a stir are initial coin offerings, which are known as ICOs. In theory, it is possible to earn very large returns if you invest an ICO, but what are they, and are they safe investments? An ICO is simply a way for new cryptocurrencies to raise the initial capital that is needed to launch a new coin or token. An initial release of the currency is offered to early adopters in return for an investment made in either conventional currency, or more usually, in other cryptocurrencies. An ICO works in a very similar fashion to a crowdfunding campaign. The cryptocurrency business will usually publish full details of how the new currency is going to work, along with the details of what other currencies will be accepted as an investment in the initial release of the coin and what the time limit will be on the offering. The idea behind an ICO is no different from that of the fi...