ICO, Initial Coin Offering is the funding of cryptocurrencies in the form of tokens or coins. The tokens are sold to the investors in exchange for legal tenders or other digital currencies. The funding is mostly through the process of crowdfunding. ICO news category includes all you need to know about the coin offerings and its up-to-date information.
ICOs are sort of fundraisers for startup companies. The prices are established by the creators of the DAO ( Decentralized Autonomous Organisation) or project. The offerings take place in multiple rounds of fundraising and conclude when the coins or tokens are tradable in the open market. ICOs are initiated to avoid severe and controlled capital-raising processes.
ICO news and its latest updates will feature in this section of our website.
