John McAfee tweeted “Tomorrow I will announce the ICO of the week”

John McAfee tweeted “Tomorrow I will announce the ICO of the week”

 

https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

DEFINITION of ‘Initial Coin Offering (ICO)’

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

 

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