How is everyone? Hope everyone is doing well, in today's episode we will know what Crypto ICO is and how it works, The full form of ICO is Initial Coin Offering, firstly when a Crypto Project they create new coins and plan to come to the market, they collect funds in different ways to improve the quality of their project or for various expenses, firstly Partnership, secondly ICO or selling coins, And this coin can be sold in 3 rules,

1. Private Sell

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2. Public Sell,

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3. Presell,

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Image collect Pixabay

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And these three rules of cell methods have different rules,
And in this rule, their coins are sold at a low price or discount, and the fund that is collected is used in the project.
And by selling coins in this way, projects can easily improve their value, and investors also benefit, because they can buy coins at a discount and sell them at a good price and make a huge profit.

However, Presell and Public sell have bad sides, because many bad projects and scammers cause huge losses to investors with these events, so before joining such events, we need to know more details about the projects.

Image collect Pixabay

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In today's episode, we know what ICO is and how it works. In the next episode, how does Presell, Private Sell, Public Sell work?
So I'm ending here today, everyone be well, Allah-Hafez