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
Proof of Work (PoW)
A consensus algorithm in which a block is validated via mathematical hashing
IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
Blockchain
In Bitcoin's case, blockchain describes its decentralized, public ledger which contains transactional information.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
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