Initial Coin Offerings (ICOs): Raising Capital with Cryptocurrencies
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Apr 25
Initial Coin Offerings (ICOs) are a fundraising method used by cryptocurrency and blockchain startups to raise capital. Similar to an initial public offering (IPO) in traditional finance, an ICO allows investors to purchase a new cryptocurrency token or coin at a discounted rate during the launch phase of a new project. During an ICO, the company creating the new cryptocurrency token will typically issue a certain amount of tokens or coins, and offer them for sale to investors in exchange for...
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