Crypto App Factory

Initial Coin Offering (ICO) Initial Coin Offering (ICO) is the Cryptocurrency equivalent of an Initial Public Offering (IPO), where a company goes from private to public status by selling shares for equity. This is typically done to get funds without the need to go to a Venture Company (VC) or bank. An ICO solves the basic problem of initial coin distribution. An initial coin offering is similar in concept to an initial public offering (IPO) , both a process in which companies raise capital, while an ICO is an investment that gives the investor a crypto coin, more commonly known as a coin or a token in return for investment, which is quite different to the issuance of securities as is the case in an IPO investment. ICOs are easy to structure because of technologies like the ERC20 Token Standard , which abstracts a lot of the development process necessary to create a new cryptographic asset. Most ICOs work by having investors send funds (usually Bitcoin or ether) to a...