Top 10 ICOs You Must Invest On!
By Stankevicius MGM
Initial Coin Offering (ICO) is a crowdfunding method used by new cryptocurrency companies to raise capitals. In ICO, some percentages of the newly issued cryptocurrencies are sold to people who are interested in suporting the project. They are sold to exchange for other established cryptocurrencies such as Bitcoin, Ether, Fiat, etc.
Backers purchases the new cryptocurrency with an intention to make a profit when it increases in value. It is similar to the principle of people making a profit when the share they bought at the stock market increases in value. ICO is different than purchasing shares at a stock market because you don't get a share of the ownership right when you invest in the new tokens.
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