Initial Coin Offering (ICO)

An Initial Coin Offering (ICO) is the digital assets and technologies behind for carrying out financial transactions when companies and individuals to raise capital or participate in investment opportunities that may also bring increased risk of fraud and manipulation because the markets for these assets are less regulated than traditional capital markets. An ICO is a means of crowdfunding centred around cryptocurrency, which can be a source of capital for startup companies.

Reference Definition by Investopedia: An Initial Coin Offering (ICO) is the cryptocurrency industry’s equivalent to an Initial Public Offering (IPO). ICOs act as a way to raise funds, where a company looking to raise money to create a new coin, app, or service launches an ICO. Interested investors can buy into the offering and receive a new cryptocurrency token issued by the company. This token may have some utility in using the product or service the company is offering, or it may just represent a stake in the company or project.

Related Definitions in the Project: The Commercial Definitions; Computer Technology 

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