Everything You Need To Know About ICO

 An initial coin offering (ICO)  is a type of fund-raising activity in the cryptocurrency and blockchain environment. It is seen as an Initial Public Offering (IPO) which uses cryptocurrencies. To raise capital, startups use ICO. 



The profit of ICOs is they remove intermediators from fund-raising activities and create a direct connection between investors and company. There are two types of Initial Coin Offering (ICO), public ICO and private ICO. In private initial coin offering, only a restricted number of investors are allowed to participate in the process. In Public Initial Coin Offering, offers the public to enrol in target. 

The increase of cryptocurrencies and blockchain technology has enhanced the popularity of ICOs. through this platform, investors receive special cryptocurrency tokens in exchange for expenditure in the business. They basically remove intermediaries, basically those who are referred to as commercial banks, investment banks, mutual funds and pension funds. 

 

ICO is seen as a beneficial tool for investment in the market. The best ICO to invest in are, 2local, PointPay, MindSync, DogData, Pawtocol, Curate, Tycoon, Ledder, 2GETHER, SerenitySource, DIPChain and many more. 

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