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.
June 2016
Jan 2017
Q1.2018
Q1 2018
Q2 2018
Q4 2018
Q2.2019
Verified 80%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.