Initial Coin Offerings (ICOs) help cryptocurrency backed start-ups generate the required funds for their project. Those who invest in an ICO are given the cryptocurrency tokens before they start to be used in the project. They have the promise that once the project gathers traction the price of each coin will surge and land them huge profits. ICOs do not require you to go through the regulation checks of banks of financial institutions and allow you to use the blockchain technology to show your business model and strategy in a transparent manner. To get started and create your own ICO, you should know a few things.
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