ICOs: From Bubble To Sustainable Funding Model?
Initial Coin Offerings (ICOs) burst onto the scene as a revolutionary fundraising method, promising to democratize investment and fuel blockchain innovation. While the ICO boom of 2017 captivated the world, it also came with its share of challenges. Understanding the ins and outs of ICOs, from their underlying mechanics to their potential pitfalls, is crucial for anyone navigating the evolving landscape of cryptocurrency and blockchain technology. This guide provides a comprehensive overview of ICOs, offering insights into their benefits, risks, and regulatory considerations.
What is an ICO?
Defining Initial Coin Offering
An Initial Coin Offering (ICO) is a fundraising mechanism where a new cryptocurrency or token is sold to early supporters in exchange for established cryptocurrencies lik...