Sunday 1 October 2017

Initial Coin Offerings Making Great Inroads to Investment Banking

Everyone remembers learning something in school and college days. The same principle applies to all those who are investing in Initial Coin Offerings. A lot of traders and investors admit that this is the best way to fund the businesses. Some people even consider demonetization with a lot of fanfare as this is an ultimate they could say.

Traders should know that if you are searching for the biggest trend in cryptocurrency today, a look at Initial Coin Offering or ICO might be a good start. Here it must also be admitted that the idea to presale coins of a cryptocurrency or token of a blockchain project has evolved in a crazy successful instrument to raise funds for the development of a new application.

There are several portals that cover Initial Coin Offering. Portals like NewsBTC may have been better. Trader must know that ICO is the abbreviation of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum.

ICOs are Being Held by Top Startups and Organizations 


There is a history behind the extreme popularity of ideas and products; cryptocurrency is the one thing and clicking. Since 2013 ICOs are often used to fund the development of new cryptocurrencies. The pre-created token can be easily sold and traded on all cryptocurrency exchanges if there is demand for them.

Here it must also be admitted that with the success of Ethereum ICO are more and more used to fund the development of a crypto project by releasing token which is somehow integrated into the project. Make sure for the future as there is huge buildup. With huge turn ICO has become a tool that could revolutionize not just currency.

Fun and Invest in Large Quantities 


A lot of traders admit that maybe the first cryptocurrency distributed by an ICO was Ripple. In early 2013 Ripple Labs started to develop the Ripple called payment system and created around 100 billion XRP token. The company sold these token to fund the development of the Ripple platform.

It is known fact that later in 2013, Master coin promised to create a layer on top of Bitcoin to execute smart contracts and tokenize Bitcoin transactions. The developer sold some million Master coins token against Bitcoin and received around $1mio. The entire process seems and the best ualtiy.

Here is more on ICO - Initial Coin Offerings

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