An Initial Coin Offering (ICO) is the cryptocurrency space’s rough equivalent to an IPO in the mainstream investment world. ICOs act as fundraisers of sorts. We offer a list of Best ICOs to invest in 2021. Upcoming ICOs, Ongoing Active ICOs and Completed ICOs. Top ICO List helps investors discover ICOs, IEOs and STOs. Discover new tokens now. The ultimate cryptocurrency token list.
ICOs Calendar to keep you up with new cryptos
A company looking to create a new coin (token), app, or service launches an ICO. Next, interested investors buy in to the offering, either with fiat currency or with preexisting digital tokens like ether.
In exchange for their support, investors receive a new cryptocurrency token specific to the ICO. Investors hope that the token will perform exceptionally well into the future, providing them with a stellar return on investment. The company holding the ICO uses the investor funds as a means of furthering its goals, launching its product, or starting its digital currency.
ICOs are used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.
What’s an ICO in a nutshell?
It’s a fundraising campaign. In Short. The developers sell tokens and gets money in exchange. The tokens are cryptocurrencies that will be used at the platforms that teams want to build. They are used to transact within that platform, while you can easily withdraw into real money as well. Some projects have a specific use case. The tokens are limited in supply. This means that their prices will skyrocket, whenever real users come to these platforms, enabling investors to exist with huge profits. Ofcourse there is no guarantee, but if you use logic, more people use them, more people need them, more people spend them, price go up.
The real beauty of ICOs is that you can invest just a couple of bucks, but get a foot into the next Teslas, Facebooks and Googles. Some of these companies will be better then all of them mentioned. You never know.
Is this all talk and no real action with you guys?
No, there’s a lot of ICOs that have already started to deliver servicers to the real world (Ethereum, Waves, Ripple). In 3-4 years, they are going to rev up and become a major player in any industry. In 10 years, they will be norm with 92% of companies working through blockchains. It’s like email, the Internet or iPhones. We will see what future brings to us.
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by BitcoinCryptoNews.net or the writer to invest in cryptocurrencies or other ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein. As of the date, this article was written, the author owns no cryptocurrency in any quantity.