What is an Initial Coin Offering(ICO)?

Introduction

Crypto market hit an all-time high on January 7 when it reached $835.69 billion. Earlier today that number was at $438.88 billion, representing about a 50% drop.

Crypto currencies took 2017 by storm and the main catalyst in this meteoric rise was the advent of an ICO , which stands for Initial Coin Offering.

ICO’s are also known as ITO, Initial Token Offering and TGE, Token Generation Event.

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