Tag: How does an ICO works

Understanding the Initial Coin Offering in Blockchain
Business

Understanding the Initial Coin Offering in Blockchain

With the blockchain buzz reaching a frenzied pitch, investors are scrambling their chips around various options to invest in cryptocurrency. With all this initial craziness, it’s hard to focus on what’s real enough to warrant an investment.  As far as start-ups are concerned, they have a whole new avenue to garner that highly elusive initial capital. The recent trend of startups launching ICOs has caught up fast investors flocking to these events in droves. Understanding the ICO Concept To clear away the obvious, what is an ICO? An ICO or Initial Coin Offering is basically the blockchain-version of an IPO or initial public offering where a company seeks capital from investors.  In this scenario, the investments are made through shares, whereas in the case of an ICO, inves...