ICO
Acronym for Initial Coin Offering. Very similar to an IPO where a company offers its shares to the public however cryptocurrency is offered instead of shares. Teams run ICO's to raise initial capital to fund their project.
Example Sentence : I would really love to buy telegram's cryptocurrency when it comes out. I will be looking out for their ICO details.
by cfaulk 2020-11-25 11:02:14

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