An Initial Coin Offering (ICO) or Initial Currency Offering is a sort of financing using Cryptocurrencies. largely the method is completed by crowdfunding however personal ICOs are getting more common. In ICO, an amount of Cryptocurrency is oversubscribed within the type of “tokens” (“coins”) to speculators or investors, in exchange for tender or alternative Cryptocurrencies like Bitcoin or Ethereum. The tokens sold are promoted as future useful units of currency if or when the ICO’s funding objective is met and also the project launches. The tokens are needed to use the system for its functions, in some cases like Ethereum.
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An ICO typically includes selling a new cryptocurrency at a discount — or a “token” — as part of a way for an organization to raise funds. If that digital currency succeeds and appreciates in worth — often based on speculation, similarly as stocks do in the open market — the investor has made a benefit.
Utility Token: Utility token is also called as app token. When you purchase utility token during ICO then you can buy their products and services.
Security Token: Security token is also called as equity token. Such token act likeas a stock after the token sales ended. When you have some specific amount of security token, then you become rightful owner of a specific level of an organization.
Easy fundraising: The model of ICO is proving the best method to raise the funds for the Blockchain based projects. The Blockchain startup company needs to make an appropriate planning of their project and show it to investors, if investors liked this model then they invest in the project.
Universal reach: ICO or Token sales give a chance to reach global market without any difficulty. Unlike IPO, organization can just issue their stock for exchanging the enrolled organization.
The market of token deal sale is directly corresponding to the cryptocurrency market. Basically, if the cost of the cryptocurrency is surging, then market of initial coin offering list will also boost, Presently the market of ICO and Blockchain is at primary stage, and in the future more and more of individuals will know about it similarly new players will take part in this sector and market of ICO will be bigger and better. So most assuredly the future of the ICO initial coin offering is 100% bright.