Raising Millions In Seconds: The ICO Story
An initial coin offering (ICO) is a fundraising mechanism that trades future cryptocurrency coins for cryptocurrencies which have a prompt, liquid value.
- Nilesh Maurya
- Mar 07, 2018
Initial Coin Offering - shortly known as ICO is often used by startups to bypass "over the top" regulated infrastructure and bank proceedings in order to raise funding. ICO helps raise funds in an unregulated way where investors invest cryptocurrency with a faith of future returns in the project.
Related Links: Latest ICOs
An initial coin offering (ICO) is a fundraising mechanism that trades future cryptocurrency coins for cryptocurrencies which have a prompt, liquid value.
The Cryptocurrency market is growing at a fast pace. The fast pace has attracted a lot of people, and now everyone plans to invest in cryptocurrencies.
Invox Finance was launched by ABR Finance PVT Ltd. who is one of the leaders in the Financing Industry in Australia.
Cryptocurrencies are getting increasingly common over the past few years. While individual investors are using them, they are yet to find a use-case in the day-to-day retail sector.
FINMA, Switzerland’s Financial Market Supervisory Authority, has now published guidelines which explain in detail as to how the country will regulate ICOs
The Telegram ICO was marred by a number of controversies, but it still managed to break all records and raise $850 Million.
The Gibraltar Financial Services Commission (GFSC) is working on drafting the laws and regulations to legalize ICOs in the country - a first for the world of cryptocurrencies!
Kodak has indefinitely postponed the launch of their ICO that was scheduled for January 31 leading to a massive drop in share prices.
KodakCoin ICO - the much hyped Initial Coin Offering from Kodak has now been postponed indefinitely as Kodak says that it needs more time to know their investors. However, is this really the reason that Kodak has delayed the ICO?
The US Securities and Exchange Commission has halted a “decentralized bank” ICO by AriseBank due to alleged fraudulent activities.