What is ICO? - Crypto Coin Analysis

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Wednesday, January 31, 2018

What is ICO?

ICO (Initial Coin Offering), new blockchain and tangle projects are offered to the public for bitcoin or ether.

The purpose of the ICO is to raise capital by presenting a project with a specific
background to the market. Just as a company sells its shares, project owners drive their tokens to the coin market via websites or crypto exchanges. The issue that needs to be addressed well, contrary to classical economic understanding, ICO can take place at the beginning of the project. So you can invest in a project that has not realised yet. It may also be called "value investment". But we would advise you to invest well in your coin and examine the team's past projects.

Many good projects can catch the low price, but you can also make an investment that is not worth the money.
We would advise you to invest well in your coin and examine the team's past projects.

High-volume coins, such as Ripple and Etherium, for example, have also passed through this process.

What you need to remember is that investors like you value the value of what you buy. After all, you are buying an electronic unit that is not realised yet. This coin can give you access to a specific network or site or maybe sustain some privileges on some platforms. 

ICO should be traded on a crypto market so that you can buy and sell your coin. But in this way, you can change your currency to digger coin, and you can adapt your investment to real life. A token is only a useful as a token. That is, the token provides access to a specific protocol or network and thus can not be considered as a financial security. 

There is a lot of controversy on ICOs. Mainly because some projects are fake and users lose their money, it has been argued about the legality and reliability of the markets.  If a good team supports a good idea, there is always luck in the market.

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