What Is an ICO? Is it like an IPO in crypto world?
An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new startups(not neccasrily, could be old running companies) sell their crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. ICOs are a relatively new…