Crypto App Factory

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Reverse ICO Reverse initial coin offering (ICO) is a method used by existing, established real-world businesses to raise funds and get into  cryptocurrency . These enterprises have existing products and/or services, and they cater to real world customers. Essentially, reverse ICO acts as an initial public offering (IPO) allowing an existing enterprise to launch cryptocurrency tokens and seek funds through crowdsourcing. The process for a reverse ICO works exactly the same way as for a standard ICO, though it is said that their valuations are easier and more transparent. When people pour their money into a standard ICO , the track record of real-world, established businesses offer a better and more trustworthy proposition for valuing reverse ICOs. Reverse ICOs tokenize real assets The reverse ICO first acquired people’s attention in South Korea. However, many anticipate that it will spread to other nations as investors continu...