What are Initial Coin Offerings (ICOs)?

Initial Coin Offerings (ICOs) are a popular fundraising method used primarily by startups wishing to offer products and services, usually related to the cryptocurrency and blockchain space. ICOs are similar to stocks, but they sometimes have utility for a software service or product offered. Some ICOs have yielded massive returns for investors.

What does ICO mean in cryptocurrency?

ICO meaning in cryptocurrency What does ICO stand for? An ICO is an Initial Coin Offering, a form of investment attraction that appeared thanks to the development of cryptocurrencies, one which blockchain startups widely use. It involves selling a fixed amount of the project's cryptocurrency tokens to investors.

What is an ICO and how does it work?

ICO stands for Initial Coin Offering. It is a new way to raise capital for all sorts of blockchain-related projects by selling cryptocurrency. New projects use it to sell freshly minted crypto tokens in exchange for Bitcoin, Ether, other cryptocurrencies, and, at times, fiat.

How many ICO coins are in circulation?

It has a circulating supply of 100,000,000 ICO coins and the max. supply is not available. ICO (ICO) is a cryptocurrency and operates on the Ethereum platform. ICO has a current supply of 200,000,000 with 100,000,000 in circulation.