What is ICO?

in bitcoin •  7 years ago 

ICO is one of the most famous way to launch the new cryptocurrencies. Before the emission of new digital currency, the organizers announce fund raising, then tokens are released and distributed among all the investors in proportion to the investment made. In fact, ICO is a so called equivalent of initial public offering (IPO) in the more familiar “real” world.

After the new currency emission, it is traded and in case of positive dynamics the price of this currency is going up.
That is why purchasing the cryptocurrency at the start, when its price is minimum is the best far-sighted decision.

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If you research the right way and get in early an ico can be a very good investment ive made alot of money doing so myself

Which ones have I gotten into?

Raiden network... wabi... mercury... going to go big on pareto network and quantstamp

Mercury? What project is it?