ICO is a new form of crowdfinding

Crowdfunding is a method of collective financing, based on voluntary contributions. Crowdfunding is used in a wide range of cases: to help people affected by natural disasters, producing goods, creating software, recording music albums, launching or supporting other projects.

ICO (Initial coin offering) is a form of project financing based on a blockchain. The group of developers of cryptoactivity issues a certain number of tokens (analogs of shares) at a fixed price. As the main account of the company, cryptoscores are used, and deposits are accepted exclusively in the crypto currency.

The ICO process included the functions of an IPO (public sale of company shares) and crowdfundings of campaigns

One of the very first projects ICO Mastercoin was launched in June 2013. The development team presented a new crypto currency, the protocol of which is built on the basis of the blockchain of the bitcoin network, and at the same time it is possible to create its own crypto currency on the basis of this Mastercoin.

The most successful ICO project is Ethereum (ETH, ether, etherium) - a platform for creating decentralized online services that operate on the basis of smart contracts. These are documents that verify the reliability of the implementation of contracts themselves and fulfill their obligations.

ICO started in 2014 and collected at that time $ 18 million. Sold tokens (ethers) became a new currency, which ranked second after bitcoin by fame. The first units of the air were sold at a price of 0.3-0.4 dollars, today this figure rose to 1200, and the market capitalization of the entire project fluctuates around 120 billion dollars.

Recall that at this time, our company conducts Pre-ICO. Its main advantage lies in the fact that during the token the company can be purchased much cheaper than after the launch of a full ICO. At this stage, participants invest less money, but they will receive a much higher profitability in the future. This is one of the main bonuses to participate in the preliminary ICO right now.