In recent months, it has become quite common to hear about Initial Coin Offerings. Initial Coin Offerings, or ICOs for short, have popped up everywhere on media outlets and channels, being intensely debated and criticized.
What is an ICO?
ICO is a crowdfunding method, where companies issue their own token with the purpose of raising capital for their projects. During an ICO, a company releases a certain number of crypto-tokens which are sold to willing investors in exchange for cryptocurrencies or fiat currencies. The company will use the obtained funds to invest
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