
Ethereum initial ico
An initial coin offering ICO or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfundingalthough a private ICO which does not seek public investment is also possible. In an ICO, a quantity of cryptocurrency is sold in the form of "tokens" "coins" to speculators or investorsin exchange for legal tender or other generally established and more stable cryptocurrencies such ethereum Bitcoin or Ether. The tokens ethereum initial ico promoted as future functional units of currency if or when the ICO's funding goal is met and the project successfully launches. An ICO can be a source of capital for startup companies. ICOs can allow startups to avoid regulations that prevent them from seeking investment directly initial ico the public, and intermediaries such as venture capitalists, banks, and stock exchanges, which may demand greater scrutiny and some percentage of future profits or joint ownership.
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