
ICO Audits: Navigating The Regulatory Minefield
Initial Coin Offerings (ICOs) have revolutionized the way blockchain projects raise capital, offering a disruptive alternative to traditional funding methods like venture capital. While the ICO landscape has matured and evolved, understanding its mechanics, benefits, and risks remains crucial for both investors and entrepreneurs. This post will delve into the intricacies of ICOs, providing a comprehensive guide to navigate this exciting but complex space.
What is an Initial Coin Offering (ICO)?
Definition and Purpose
An Initial Coin Offering (ICO) is a fundraising method where a blockchain project sells cryptographic tokens or coins to the public in exchange for cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). These tokens often represent a stake in the project, access to future feat...