An Initial Coin Offering (ICO) is an unregulated means by which funds are raised for a new cryptocurrency venture.
 | | Initial Coin Offering (ICO) | | For traditional companies, there are a few ways of going about raising funds necessary for development and expansion. A company can start small and grow as its profits allow, remaining beholden only to company owners but having to wait for funds to build up. Alternately, companies can look to outside investors for early support, providing them a quick influx of cash but typically coming with the trade-off of giving away a portion of ownership stake. Another method sees companies go public, earning funds from individual investors by selling shares through an Initial Public Offering (IPO). | | Breaking it Down: | | This is the most basic definition of an ICO. However, there is much more to the trendy crowdfunding method than... | | 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 | | Fiat money is currency considered legal tender, but it lacks backing by a physical commodity. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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