ICO 2.0: Compliance, Utility, And Investor Trust
Initial Coin Offerings (ICOs) once captivated the cryptocurrency world, promising a revolutionary way for blockchain projects to secure funding directly from the public. While the hype has cooled somewhat, understanding ICOs remains crucial for anyone involved in or interested in the crypto space. This comprehensive guide explores the intricacies of ICOs, their benefits and risks, and their evolution over time.
What is an ICO?
Defining an ICO
An Initial Coin Offering (ICO) is a fundraising mechanism where a new cryptocurrency project sells its underlying crypto tokens to investors in exchange for established cryptocurrencies like Bitcoin (BTC) or Ether (ETH). Think of it as a crowdfunding campaign, but instead of receiving a product or service, investors receive digital tokens representing...