Initial Coin Offering
From Open Risk Manual
Revision as of 11:26, 25 March 2021 by Wiki admin (talk | contribs)
Definition
Initial Coin Offering. (ICO) It is similar to an initial public offering in that it is used to raise capital for organizations in the blockchain domain.
If the organization offers a Blockchain service that has a native Cryptocurrency, it can raise capital by selling this cryptocurrency, where investors hope that the coin will gain value as the service increases in popularity.
