RE: New ICO –- SURETLY –- Would you use Tinder for microloans?

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New ICO –- SURETLY –- Would you use Tinder for microloans?

in cryptocurrency •  8 years ago 

Hey @cryptogirl1.. A well articulated post. 👍
I had tried myself something similar but didn't get too many eyeballs 😢.
Would be great if took a look and gave your expert comments on it. Thanks
@vinyprop

An abstract below:

quote
** ICOs- Are They Any Good?? **
Disclaimer: I do not have any vested interest in dignifying or demeaning the ICOs. This post is only a depiction of my take on the topic. Now with the disclaimer out of our way, let’s begin with it.

Definition:
The term ICO stands for “Initial Coin Offering” and is an event where mostly startup companies try to raise funds for their Crypto-currency projects. These companies sell out a part of their cryptocurrency, in the form of tokens, to the general public.

In an extremely vague way and in a layman’s term an ICO can also be referred to as an IPO of cryptocurrency tokens, instead of the equity shares which are presented in an IPO event.

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