What is a cryptocurrency ico

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What is an ICO - BIG Risks of an Initial Coin Offering Explained
An initial coin offering (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain environment. The ICO can be viewed as an initial. An initial coin offering (ICO) is a way to raise capital for your project by selling blockchain-based digital assets. Definition: An Initial Coin Offering (ICO) is a fundraising method in the cryptocurrency space where a new project sells its underlying crypto.

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Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Of all the possible funding avenues, an ICO is probably one of the easiest to set up as a scam. A utility token is generally unregulated and used by startups to gain capital to fund their projects in exchange for future access to the service in development.