What is Token Sale?
Aug 26, 2017 · 1 min read

It is the practice of funding Bockchain-based startups by selling digital tokens to the intended audience or anyone who believes in the its cause. And the collected money from the ICO is then used to start and fund the company’s development.
The first ICO actually took place in 2013. When mastercoin did a crowdsale of its token on the Bitcointalk.org forum.
If you want to know more, then you’re welcome to join us at @telegram to watch the process online: t.me/micromoneyico
