An Initial Coin Offering (ICO) is an unregulated means by which funds are raised for a new cryptocurrency venture.
 | | | Initial Coin Offering (ICO) | | 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 and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin. | | | Breaking it Down: | | When a cryptocurrency startup firm wants to raise money through an Initial Coin Offering (ICO), it usually creates a... Read More | | | Related to "Initial Coin Offering (ICO)" | | | What Is An ICO? | | Inital Coin Offerings (ICO) are the hot new way to raise funds for new cryptocurencies, but what are they? Read More | | | | | | | | | | | | | Bitcoin | | Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. Read More | | | | Cryptocurrency | | A digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. Read More | | | | | Legal Tender | | Any official medium of payment recognized by law that can be used to extinguish a public or private debt, or meet a financial obligation. Read More | | | | Fiat Money | | Currency that a government has declared to be legal tender, but is not backed by a physical commodity. Read More | | | | | | | | | | Follow Us: |  |  | | | | | | |
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