Initial coin offering (ICO) WHAT YOU NEED TO KNOW!!!

 What Is an Initial Coin Offering (ICO)?


 An initial coin offering (ICO) is the cryptocurrency industry's equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO as a way to raise funds.

Purpose

ICOs are another form of cryptocurrency that businesses use in order to raise capital. Through ICO trading platforms, investors receive unique cryptocurrency “tokens” in exchange for their monetary investment in the business.

Types

The two types of initial coin offerings are listed below:

Private ICO. In private initial coin offerings, only a limited number of investors can participate in the process. ...

Public ICOs. Public initial coin offerings are a form of crowdfunding that targets the general public.

Advantages

Below are some of the many advantages of initial coin offerings:

Anyone Can Buy Tokens.

Tokens Are Sold Globally.

Token Economy Liquidity Premium.

Less Barrier to Entry.

The Business Model That Beats “Free”

Instant Buy-In.


ICO Pros and Cons: Is It Worth the Hype?

Readily accessible for investors and startup companies. ...

Accessible online. ...

High liquidity. ...

Less paperwork. ...

High return of investment. ...

Volatile. ...

A potential fraud. ...

May lack accountability.

If you're reading this click here for legit crypto news updates

Comments

Post a Comment

Popular posts from this blog

FAQs About White Paper In Cryptocurrency

Image
 What is a white paper in cryptocurrency? Whether you're new to Cryptocurrency or not, you've probably heard the term 'white paper' so what exactly is it all about, who even brought about such a name, isn't it the longest article of any crypto projects?  Well, In the blockchain space, a whitepaper is a document that helps outline the main features and technical specifications of a specific cryptocurrency or blockchain project. What should I look for in a crypto white paper? A good cryptocurrency white paper should explain how the technology will work. By the end of the white paper if you can't articulate what problem the project solves and how it does so, then the white paper did a poor job. In fact, a well-articulated white paper is a sign of a well-thought out project. Does every crypto have a white paper? Although writing a whitepaper is not necessary for every company that intends to launch a cryptocurrency, a whitepaper gives a sense of professionalism and ...
Read more

EVER WONDERED HOW STAKING WORKS?

Image
 What Is Staking?  Staking is when you lock crypto assets for a set period of time to help support the operation of a blockchain. In return for staking your crypto, you earn more cryptocurrency. Many blockchains use a proof of stake consensus mechanism.With crypto staking, you earn funds by holding coins or tokens in your wallet. On Proof of Stake blockchains, rewards based on minting new coins are distributed to those who stake funds according to the size of their holdings. You can also combine your holdings with the funds of other investors in a staking pool. When the pool earns payments, you receive a portion in proportion to the size of your contribution to the pool. Your money never leaves your wallet and it is never put at risk, which makes staking crypto a very safe investment. However, you may not remove your funds during the staking period. Staking periods range from a day to a month or more. You can find staking options at cryptocurrency exchange sites.  The amo...
Read more

Everything about TA(Technical Analysis)

Image
 What Is Technical Analysis?  Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. What is technical analysis example? By analyzing historical data, technical analysts use indicators to predict future price movements. Examples of common technical indicators include the Relative Strength Index (RSI), Money Flow Index (MFI), stochastics, moving average convergence divergence (MACD), and Bollinger Bands®. Types of Technical Analysis The two major types of technical analysis are chart patterns and technical (statistical) indicators. Chart patterns are a subjective form of technical analysis where technicians attempt to identify areas of support and resistance on a chart by looking at specific patterns. What is the purpose of technical analysis? Technical analysis seeks to predict price movements by examining historical data, m...
Read more