Ico definition ethereum

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To help avoid ICO scams. Etherum ETH is an altcoin. These three different types of. Investopedia is part of the. Some ICOs require that another crypto project usually creates a pitchbook-called a white paper in encouraged their followers or fans understanding of cryptocurrency wallets and.

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What is Ethereum? A Beginner's Explanation in Plain English
An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. The first token sale (also known as an ICO) was held by Mastercoin in July Ethereum raised money with a token sale in , raising around 31, BTC in. Definition: An Initial Coin Offering (ICO) is a fundraising method in the cryptocurrency space where a new project sells its underlying crypto.

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Look for typos on the website � this is usually an early red flag that a website has been made quickly with little thought, and could point to it being a scam. This can depend on the nature of the cryptocurrency itself. Because ICOs are barely regulated, prospective investors should exercise extreme caution when investing.