What are Initial Coin Offerings? ICOs are another form of cryptocurrency that businesses use in order to raise capital . Through ICO trading platforms, investors receive unique cryptocurrency “tokens” in exchange for their monetary investment in the business.
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ICO is an acronym that means Initial Coin Offering , which is how funds are raised for a new cryptocurrency offering. It’s similar to an IPO (Initial Public Offering) which raises funds when a new company ventures onto the stock market. Related words: IPO. blockchain.
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