Understanding ICOs: Initial Coin Offerings and Their Risks
The Rise of ICOs: A Comprehensive Introduction to Initial Coin Offerings
Initial Coin Offerings (ICOs) have become a popular method for blockchain startups to raise funds. Similar to initial public offerings (IPOs) in the traditional stock market, ICOs allow companies to sell their own digital tokens to investors in exchange for funding. These tokens are typically built on blockchain technology and can represent various forms of value, such as utility tokens or security tokens. The rise of ICOs has been fueled by the explosive growth of the cryptocurrency market and the promise of blockchain technology to revolutionize industries.
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