What is an ICO aka Initial Coin Offering?

ICO hype is real and it is happening in a big way super quickly – new start up business are raising funds and disrupting traditional methods.

 

 

Discussion points:-

ICO’s are used to raise funds for a new cryptocurrency venture
Start up businesses and new team with a white paper
Some businesses launch ICO after start up
Funds used to pay team and cover future expenses

 

The cryptocurrency is sold to early backers of the project in exchange mostly for Bitcoin
Crowdfunding – open to members of the public
Secure millions of dollars without intermediaries and mediatorsICO’s bypass regulated capital-raising process required by venture capitalists or banks

 

ICO’s are not regulated – YET!
Ethereum’s Killer App?
What are the Risks?

 

 

 

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Read More:  Top Ten Drivers of the Bitcoin Price 

Read More:  Bitcoin vs. Ethereum – Battle of the Giants in $100 Billion Crypto Market!

 

 

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