What is an Initial Coin Offering (ICO)?

An initial coin offering (or ICO for short) is a crowdfunding technique that blockchain projects use to raise capital and create a new cryptocurrency. The ICO market was thriving in 2017 and 2018 — but these days, due to a variety of factors, other methods for token offerings are more popular. How Does an ICO Work?

How does CoinMarketCap track capitalization of cryptocurrencies?

We tracks capitalization of various cryptocurrencies by listing prices, available supply (amount of coins that is currently in circulation), trade volume over last 24 hours, or market capitalizations. CoinMarketCap was founded in May 2013 by Brandon Chez in Long Island City, Queens, New York. CoinMarketCap circa 2013.

Who is CoinMarketCap?

CoinMarketCap was founded in May 2013 by Brandon Chez in Long Island City, Queens, New York. CoinMarketCap circa 2013. As a reminder, we are not a wallet or exchange site. We do not sell or purchase cryptocurrencies. We cannot give advice on which coins/tokens to purchase nor which exchange/markets to purchase from.

What is an ICO & why should you invest in cryptocurrencies?

An ICO is intended to raise funds to pay for the costs incurred during a blockchain’s or coin’s development. Investing in cryptocurrencies and other initial coin offerings (ICOs) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs.