What is ICO?

BUZCOIN
1 min readMay 22, 2018

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What is Initial Coin Offering?

This is a popular ICO today. This is how this abbreviation can be described. The popularization of bitcoin and altcoin provoked the appearance of hundreds of different ICO projects.

Translating everything into simple language, ICO is a fundraising for the implementation of any project by a third-party company or team.

Today it is a new form of investment. Most often, it is not difficult to” recognize “ICO”, the main features are the connection with the blockchain technology, the use of any crypto — currencies and the issue of tokens.

According to financial analysts, this year will be a year of change for the ICO.

Experts make such conclusions on the basis of the policy analysis of some States, which intend to take the rapid development of the ICO under control.

Nevertheless, every day hundreds of teams announce the beginning of crowdsale, pre-sale, pre-ico (the values are equivalent to the beginning of fundraising).

https://buzcoin.io

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