Advantages of Initial Coin Offerings as a Crowdfunding Option
Bitcoin revolutionised the financial world only a few years ago. As the popularity of Bitcoin expanded, so did the popularity of blockchain and alternative currencies. With this expansion came the idea that cryptocurrencies could be used for fundraising. This article covers the following topics: What Exactly Is An Initial Coin Offering (ICO)? The Advantages of Initial Coin Offerings Successful ICO Characteristics The Most Successful Initial Coin Offerings Conclusion This was a goldmine in a market where initial funding has considerable entry barriers. Join the ICO (initial coin offering). Companies can use this method to raise funds by creating cryptocurrency coins. But what is an initial coin offering (ICO) and could it help your small company? The advantages of digital currencies will be discussed in this article. What Exactly Is An Initial Coin Offering (ICO)? In the cryptocurrency world, an ICO is quite similar to an initial public offering (IPO) for a share. The firm can raise f