What is ICO process?

An ICO is similar to a mix between an IPO and online crowdfunding , but for cryptocurrency. One can contribute “X” amount of an existing token and receive in return “Y” amount of a new token (at a set conversion rate) at a date set by the issuer of the token.

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When should I sell ICO?

Sell the Tokens When the Price Goes Up Because only a limited supply of tokens is released into the market during the ICO, few people are able to get the opportunity. When the tokens are released into the market, the demand from those who did not get the opportunity pushes the price up.11 May 2021

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What is ICO investment?

An initial coin offering (ICO) is an event where a company sells a new cryptocurrency to raise money . Investors receive cryptocurrency in exchange for their financial contributions. In many ways, an ICO is the cryptocurrency version of an initial public offering (IPO) in the stock market.21 Oca 2022

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