1 thought on “solares jewelry wholesale What is ICO crowdfunding”

  1. southern charm jewelry wholesale Definition of ICO:
    ico is the abbreviation of initial coin offering. ICO is the product of digital currency/blockchain community internationally. So far, there is no formal official or dictionary definition.
    ico:
    The successful digital currency and blockchain (blockchain in this article refer to the "blockchain public chain") projects are all community projects. In common ICOs, digital currency and blockchain projects sell token to early enthusiasts. The project team obtains technology development and market expansion funds through ICO; and project enthusiasts support the project through ICO, and can also choose to exit the transaction after entering the transaction market in the corresponding token.
    ico and Bitcoin's relationship:
    The first ICO that can be checked from the project (now renamed OMNI), in July 13th (the largest Bitcoin and digital currency community forum) It was announced that the ICO crowdfunding was performed through Bitcoin, and the corresponding tokens were generated and distributed to the crowdfunding participants. In essence, this time ICO is a kind of exchange of objects, that is, participants use Bitcoin to exchange tokens in the project. At the beginning, ICO was just a community behavior of digital currency enthusiasts. With the continuous development of digital currencies and blockchain, more and more people were accepted and participated. Most ICOs are carried out through Bitcoin or other digital currencies.

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