Upcoming ICOs

If you are a start-up company and you want to raise funds for your company or project, you can now do this via initial coin offerings (ICOs). This is an unregulated method of crowdfunding, typically performed using blockchain technology.

During a standard ICO, a company sells a portion of its cryptocurrency tokens in exchange for money or other cryptocurrencies. The funding is a way to distribute tokens to the market and can be compared to a business selling its shares. On the same note, the funds collected are used to develop the project or business.

Typically these companies will create their own blockchain but the emergence of Ethereum has seen lots of up and coming coins use the Ethereum platform to facilitate their transactions.

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