ICO Development Company
- Initial Coin Offerings (ICO) is the fundraising mechanism for a startup business or new project developers.
- It is often used to raise funds for developing a new Crypto token by releasing ICO tokens to the public.
- ICO is often compared with an IPO(Initial Public Offering), IPOs usually apply to establish a business that sells partial ownership shares in their company as the way to raise funds.
- In an ICO if some project that creates a certain amount of digital tokens and sells it into the public, usually in exchanges for other cryptocurrencies like Bitcoin and Ether.
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