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.
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!
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