What is ICOs?

[skullfx]

I see many ICO grow on Internet and I am new to Cryptocurrency, can some one have a short-explain for ICO?

 

[Lucian BitterStrawberry]

Initial coin offering - Wikipedia - This might help

 

[skullfx]

I visited your link and don't get it completely (my english isn't well), do you have your way of describing it?

 

[T J Tutor]

I believe it is the same as any new investment offering. When it is new, it is called Initial Offering. Same as for stocks, when they come out as a "public" stock offering they are called IPO's (Initial Public Offering).

In digital currency, it is called ICO (Initial coin Offering).

 

[Mariam Granville]

An ICO, or initial coin offering, is sort of like an initial public offering, but with a crypto twist and without the regulatory hoops to jump through, although this could be changing in a big way.

 

[yauhenikorzun]

Not enough projects. You need to do more

 

[yauhenikorzun]

We need to publish a lot more projects. There are a lot of them

 

[CarlosR]

According to online trading school ICO is an unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

 

[randomcash]

If you don't know what it is, i STRONGLY SUGGEST that you don't make a move on them until you understand cryptos first.
Why?
99.9% are scam or won't make it. Even if they are legit!