I would like to start by thanking Professor @imagen for sharing such a beautiful lecture with us. I believe I have learned a lot from this and today I will submit my homework to the professor through this post. I'm trying to give everything here completely from my own personal education.
What is an ICO?
An ICO is a system where investors and companies have to build a relationship that has the primary responsibility of building a relationship. The initial coin offering is how to start a business cryptocurrency block but he has to use ICO to raise his capital. First of all, when a person starts a new business, he has to collect some ICO stores to understand everything in Exchange Wallet. But traders must keep in mind that ICOs often face many kinds of problems in which traders suffer a lot in the first place. Because the organization is under the supervision of someone who has completed the ICO, so anyone can easily do data mining, which is why everyone should be careful.
Differences between ICOs and IEOs
| ICOs | IEOs |
|---|---|
| An initial coin offering | An Initial Exchange Offering |
| It requires those who benefit from their project and start an initial business | Required in case of cryptocurrency exchange. |
| There may be no third party access here. | Third party access is possible because it is done through an exchange website |
| Anyone can invest if they want ICO | Only exchange users will be able to invest |
| Anyone here can read to the cheater at any time because data mining is not so easy here. | It performs its functions through a website so the security of this website is the main security of the system. |
| ICO is decentralized | IEO is centralized |
Advantages of ICOs :
- ICO is decentralized system Which allows users to manage their own resources.
- Anyone can start their business through token.
- This reduces the risk of hacking because users take care of their own resources.
- The ICO is a token and a so-called entry that you can sell anywhere in the world
Disadvantages of ICOs :
The token security system is much less here
The chances of users mining data here are very low due to which they may face loss.
ICO cannot be sure whether any kind of product will be published on white paper.
IOTA ICO :
IoT is a special network that accepts data access and helps in pricing. If anyone thinks this is a blockchain, know that it is not a blockchain. If we want to make a transaction through other means, we have to pay some fee but we don't have to pay any fee through it.
If you look at its price, you can see that it is very upward. The 2018 price was the highest but currently it is maintaining a stable condition. All the big ideas can be translated through the site because it is very popular.
Conclusion :
After reading the full text you must understand that ICO is the best platform where you can invest if you want and it carries a fully decentralized system. And from here keep in mind that in this case the security system will get a little less. But your token will be your responsibility in this case you can invest in IEO if you want to make any kind of decision in any situation because it carries centralized system which makes it very popular and injection time and two less you can benefit a lot.
Cc:
@imagen
Best Regards
@radoan