What is an ICO?
An initial coin offering (ICO) or initial coin offering is a form of financing using digital currencies. An ICO is a type of crowdfunding, In an ICO, a quantity of digital currencies in the form of coins are sold to investors in exchange for fiat money or other digital currencies such as Bitcoin. When the ICO funding goal is met and the project is successfully launched, the price of the coin may increase by several thousand times and investors can make very large profits, overall an ICO can be a source of capital for companies and a source of income for investors.