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| ===== Initial Coin Offering (ICO) ===== | ===== Initial Coin Offering (ICO) ===== | ||
| - | [[dido:public:ra:xapend.glossary| Return to Glossary ]] | + | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] |
| - | **Initial Coin Offering (ICO)** is the cryptocurrency industry’s equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project. | + | **Initial Coin Offering (ICO)** is the [[dido:public:ra:xapend:xapend.a_glossary:c:cryptocurrency|cryptocurrency]] industry’s equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project. |
| Source: [[https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp | Initial Coin Offering (ICO) ]] | Source: [[https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp | Initial Coin Offering (ICO) ]] | ||