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.

 

Related posts

Recommend Service of Cryptocurrency

Popular Posts

HashFlare

Leave a Reply