What Is An ICO (Initial Coin Offering)?

An initial coin offering – or “ICO” – is a new fundraising method unique to the crypto industry. It is a digital asset-based variant of Initial Public Offerings, or “IPOs”. However, the company rewards investors with a unique cryptocurrency or token rather than raising funds through publicly selling shares. This article will explain how ICOs work and address some pros and cons of the funding model. It will also cover how one starts his own ICO project while examining past…

US Man Sentenced to Prison for Fraud Of Over $20M From ICO Investors

A man from San Francisco will go to jail after a US court convicted him of multi-million dollar cryptocurrency fraud, as the Department of Justice (DOJ) said in a statement on Tuesday. 33-year-old Jerry Guo was sentenced to six months in prison by US District Judge Beth Labson Freeman and nearly $4.4 million in restitution after pleading guilty to ICO fraud. During the ICO craze height in 2018, Guo introduced himself to his clients as an ICO advisor and offered…

Tips to Evaluate Crypto Token Offerings Before Investing in 2021

You've finally found the one crypto token offering (ICO) you've always sought. Somehow though, a cautious part of you prevents you from taking that plunge. As excited as you are about the product, there's that uncomfortable feeling urging you to reconsider. You finally submit to this prodding to evaluate the ICO that has got you so smitten. The problem is you're at a loss as to where to start your search. Crypto token offers (ICOs/IEOs/STOs) are the route that many…

ICO vs. STO – Understanding the Differences

As a savvy blockchain investor, it's smart to understand the differences between an ICO vs. STO. Recently, there has been a lot of hype surrounding STOs and their ability to service institutional clientele. Here is how these unique financial instruments came to be and why so many analysts see them as the evolution of Initial Coin Offerings (ICOs). What is an ICO? - ICO vs. STO The first step in this journey is to understand precisely what an ICO is…

Effective Ways to Identify Initial Coin Offering (ICO) Scams

Over the last few years, the cryptocurrency market has been tremendously growing, especially since the 2017 bitcoin bubble. Today, there are over 6000 cryptocurrencies, and investors are even using digital monies as capital for startups.  The phenomenon, Initial Coin Offering (ICO), whose popularity has been growing fast, involves raising capital for new blockchain projects by selling underlying crypto tokens. The process is similar to Initial Public Offerings (IPO), although ICO is unregulated. Its freedom from regulation makes it a perfect option…

The Beginner’s Guide to Life Cycle Of an Initial Coin Offering (ICO)

Whenever anyone talks about ICO financing, every crypto enthusiast recalls when Ethereum was launched in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. Although Ethereum was not the first ICO project, since its launch, there has been an upsurge in ICOs. A Fundera report shows that since 2014, ICOs have raised a cumulative total of $22.5 billion for new projects. The same report shows that…

GSX: World’s First Cryptocurrency with Perpetual Growth in Value

Traditional financial and investment platforms have been around for a long time, allowing people to accumulate assets and earn capital. Nonetheless, the traditional investments prove a choice for the wealthy, leaving out the unfortunate in the society. Centralization is the main problem with these types of ventures, limiting the potential of people all over. Cryptocurrencies came to save the day as an investment and cash alternative for people from all lifestyles. Over 5500, cryptocurrencies are running in the global crypto…

How to avoid buying into an ICO or Token Sale that is destined to fail

An Initial Coin Offering (ICO) is an easy way of investing in a blockchain-based project still developing. With good research, intuition, and a bit of luck, you may be buying into a future cryptocurrency with global recognition. The next ICO could be the one that brings you a substantial ROI. However, it could also be one of the many ones that fail or turn out to be a hoax. Despite their continuous loss of credibility, ICOs remain widely popular. Today,…

Dapps on EOS – The Best Decentralized Apps on the EOS Blockchain

A Brief Introduction to EOS The 9th largest by Market Cap, 7th largest by transaction volume, and apparently ranked 1st in project viability, EOS was formed by blockchain veteran Dan Larimer as a social smart contract platform. The EOS white paper, published in 2017, proposed the release of an open-source software system (EOS.IO) that would help entrepreneurs and app developers create DApps quickly and easily. The main benefits of future users were to include server hosting, cloud storage, and user authentication.…

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