Initial Coin Offering (ICO)
By CoinGecko | Updated on Aug 12, 2021
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales. Typically, raised funds are used to fund operations, research & development, marketing and more.
Related Terms
Soft Fork
A backward-compatible update to a decentralized blockchain protocol.
Reddit r/CryptoCurrency Moon
Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Bounty
Public tasks available for anyone for a reward
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.