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
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
HODL
A crypto slang of saying holding the assets rather than selling it.
A crypto slang encouraging investors to hold on to their assets rather than selling it.
Exchange Traded Fund (ETF)
An exchange-traded fund (ETF) is a form of security that tracks a collection of securites such as stocks, bonds, index or cryptocurrency but tradeable like a single stock.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
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