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What Is an ICO? Initial Coin Offering Explained

Initial coin offering (ICO) refers to the capital-raising procedure for providing initial funds and a substantial user base for a new crypto project.

by Amex1
December 27, 2022
in NFTs, Trending
Reading Time: 1 min read
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What Is an ICO? Initial Coin Offering Explained
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What Is an ICO? Initial Coin Offering Explained

Initial Coin Offerings (ICOs) have become the talk of the town in the startup crypto space as they are generating massive profits by selling these digital coins straight to institutional investors and individuals. Its global acceptance and popularity can be testified by the fact that in the first quarter of 2018 alone, the total amount raised by cryptocurrency initial coin offerings was estimated to be 6.88 billion USD.

Read this article by NFTICALLY.COM for better understanding of ICO (Initial Coin offering)

 

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