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
Public Keys
The alphanumeric string which serves as a public receiving address in cryptocurrencies.
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Limit Order / Limit Buy / Limit Sell
Orders placed by traders to buy or sell a cryptocurrency when a certain price is reached
Mt. Gox
Mtgox or Mt. Gox was one of the first websites where users could take part in fiat-to-bitcoin exchange (and vice versa).
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.