Glossary · Definition
Initial Coin Offering (ICO)
An initial coin offering (ICO) is a way for a new crypto project to raise money by selling its own newly created tokens directly to the public, somewhat like a crowdfunding campaign where backers receive tokens instead of a product.
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The full entry for Initial Coin Offering (ICO) covers the detailed definition, how it works, an example and the mistakes beginners make.
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