
ICO Graveyard: Lessons From Failed Crypto Dreams
The world of cryptocurrency is constantly evolving, and one funding mechanism that has made a significant impact is the Initial Coin Offering, or ICO. While the ICO landscape has matured since its early days, understanding what an ICO is, how it works, and its potential benefits and risks is crucial for anyone interested in the crypto space, whether you’re an investor, entrepreneur, or simply curious about blockchain technology. This guide provides a comprehensive overview of ICOs, offering insights into their mechanics, legal considerations, and future prospects.
What is an ICO?
Defining Initial Coin Offering
An Initial Coin Offering (ICO) is a fundraising method used by blockchain-based startups to raise capital. It’s similar to an Initial Public Offering (IPO) in the traditional stock m...