ICO an abbreviation of Initial Coin Offering, is an unregulated means of raising money using cryptocurrencies. Anybody with an innovative business idea can via ICO raise capital for their business or projects. ICOs provides for an instant method to raise capital without much documentation and regulatory hurdles. Investors who put money in ICOs are allowed to purchase cryptographic tokens which entitle them to a share of revenue generated by the company offering the ICO. ICO Funding is gaining popularity as it offers a decentralised way of raising capital. The cost of raising capital in many times cheaper than conventional IPO route. It enables an ordinary investor to participate in the overall business success.
IPOs, the traditional method of regulatory backed mechanism to raise capital are often initially allocated only to institutional investors like investment banks, mutual funds, endowments etc leaving only a small portion to retail investors who can only buy the stocks once they are traded on exchanges, providing for exclusivity to a select few. In comparison anyone can participate in an ICO if they have funds. This level playing field breaks the exclusivity nature of traditional fund raising, offering masses to participate in investments that can potentially earn them rich rewards. This democratisation of opportunity is what makes ICO all the more alluring.
ICO do not use representative currencies but employ the use of crypto currency to offer their tokens/coins to conduct the transaction. However the initial starter purchase of these crypto currencies are conducted in regular representative currencies. ICO investors trade these tokens on cryptocurrency exchanges. Most of the ICOs are offered at discounted prices during pre-ICO launch period.
Unlike traditional IPO, acquisition of ICO based token of the business does not grant ownership of the business or the project, though some may grant voting right for development of the business. The gratifications offered to the ICO investors depends on how the token is structured and its value arrived with its perceived utility.
ICOs do not require adherence to any regulatory framework, nor have to offer accepted legal protocol or are allowed by market regulators to securitise their shares. Adequate KYC/AML/ATF clearances /filtering is required for participating in the popular ICOs/
Crypto-market volatility, complex dynamics such as over-capitalisation, terms controlled and amenable at the discretion of the company offering ICO, lack of control makes assessing their fundamentals difficult only relying on project’s future expectations rather than its past history since there may be none. This is the main reason why investing in ICOs is considered risky. However once can extract some form of credibility by looking at the innovation, team experience or business potential.
Attention. There is a risk that unverified members are not actually members of the team
$30 200 060
$339 334 134
$3 875 000
$21 762 968
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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