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RE: See ETH ICOs Craze? Meet Useless Ethereum Token!

in #ethereum7 years ago

I'm making the crypto world friendly and accessible for everyone by explaining acronyms and terms related to cryptocurrency. Here I found:

ICOInitial Coin Offering is a means of crowdfunding the release of a new cryptocurrency, the tokens being sold to raise money for technical development
ERC-20A token standard of Ethereum, which defines a common list of rules for all Ethereum tokens to follow, meaning that this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system

Please upvote for visibility. If there are any missing terms here you want to be added to the database, please comment, so I'll become better.

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Section 13. All additional funds, not being utilized, will be used for the building of a space elevator tethered to the earth, in the effort to disrupt transnational and corporate efforts to privatize space exploration.

Very nice of you to do for those not aware. Thanks :)

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