ICO Development - An effective way of crowdfunding
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- Published date: March 23, 2022
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- Chennai, Tamil Nadu, India
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An Initial coin offering (ICO) is a decentralized means of raising funds. These funds will, on the other hand, be used to crowdfund financial support for a cryptocurrency project. An initial coin offering (ICO) allows investors to help a cryptocurrency project expand by purchasing newly generated tokens in exchange for legal money or cryptocurrencies such as Ether and Monero. During an ICO crowdsale, investors can purchase ICO tokens as a kind of investment in a company. An ICO is similar to an IPO (Initial Public Offering), in which investors purchase stock in a company.
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