What are ICOs (Initial Coin Offerings) in Simple Terms?

What are ICOs in simple terms? In 2017, ICOs (Initial Coin Offerings) generated over $3.7 billion according to coinschedule.

The current market cap of cryptocurrencies exceeds that of some small countries, which is a huge leap forward in the potential uses of crypto as they gradually permeate popular culture and develop into spendable assets. We decided to bring in Jon Matonis, one of our advisors, to discuss with our CEO the potential trajectories of our token sale and to invite those that are unsure about the complexities of token sales to gain some valuable knowledge. HiP is aiming towards an ICO in 2018. Sign up for the HiP ICO here.

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Originally published at www.hip.property on January 2, 2018.