Initial Coin Offering (ICO)
By CoinGecko | Updated on Aug 12, 2021
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales. Typically, raised funds are used to fund operations, research & development, marketing and more.
Related Terms
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Leverage
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Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
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