Category: fintechlopedia

• September 2, 2021

  ICO – A Digital Equivalent of Going Public

  

  The term ICO, an abbreviation of Initial Coin Offering, is a fundraising process used by companies to raise funds in digital currency. The concept is inspired by the traditional financial system’s IPO (Initial Public Offering), where companies go public to raise funds. In contrast, ICOs are conducted on a common blockchain platform. The aim of…