in BlockChain by
What is ICO in Blockchain?

▼ Show 1 Answer

0 votes

ICO stands for Initial Coin Offering. It is similar in concept with an IPO(Initial Public Offering). ICO is used by startups or companies to raise capital for their product. It can be a direct blockchain product or a product that utilize the benefits of the blockchain. To raise the money they sell their platform or service tokens.

Learn More with Madanswer

Related questions

0 votes
asked Dec 26, 2020 in BlockChain by GeorgeBell