An Initial Coin Offering (ICO) is an unregulated means by which funds are raised for a new cryptocurrency venture.
 | | Initial Coin Offering (ICO) | | An Initial Coin Offering (ICO) is the cryptocurrency industry's equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project. | | Read More » | | Related to "Initial Coin Offering (ICO)" | | | | Cryptocurrency | | A cryptocurrency is a digital or virtual currency that uses cryptography. A cryptocurrency is difficult to counterfeit because of this security feature. | | Read More » | | | Fiat Money | | Fiat money is government-issued currency that is not backed by a physical commodity with intrinsic value, such as gold or silver. | | Read More » | | | Bitcoin | | Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. | | Read More » | | | Speculation | | Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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