Rule of Thumb For ICO Investor: Explore Risks Involved
Initial Coin Offering or ICO is an innovative way of raising funds currently used by several technology startups. It is becoming a popular choice for companies involved in cryptocurrency and Blockchain industries or those who are familiar with the benefits of offering tokens instead of company shares.
Also known as “crowdsale,” ICO is an event whereby a company begins raising funds through the release of its cryptocurrency. Most of the time, a certain company releases a particular number of crypto tokens to be sold to its target audience. Often, Bitcoin is used as an exchange for those tokens, which is how a company earns its capital to be used for the funding of product development. Meanwhile, the members receive their shares.
Read more here: https://cointelegraph.com/news/rule-of-thumb-for-ico-investor-explore-risks-involved
Thank you for providing the great article. Ico has definitely changed the game of crowdfunding. Those who invested in it hope for the best of it, but not every ico works at the end. Some icos would fail and the money people invested would just be gone. In fact, ico is a high risk kind of invest.
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