Cryptocurrencies and blockchains have changed the financial world as we know it. What has started as a platform to trade cryptocurrencies has evolved into new horizons of the financial market. The crypto market now offers an opportunity to raise funds.
ICO (Initial Coin Offering) is a way to generate money for a new cryptocurrency or blockchain-based project. The star犀利士 tup creates a white paper which describes what the project is about and how it will earn money. It also states the number of coins which the initial backers will get to keep.
These coins are called tokens. They are very similar to the company shares, which are sold to the investors as part of the IPO (Initial Public Offering) transactions. If the ICO is unsuccessful, the money is returned to the investors.
ICO legal advisers allowed us to take a deeper look into ICO in order to weigh all the pros and cons of the endeavor.Continue reading