ICO – new scheme for financing business startups, the essence of which is in acquiring a part of the company and obtaining an appropriate share of the profit by investor.
Recently, the so-called ICO or Initial Coin Offering has become very popular. The development of the cryptocurrency has opened new opportunities for financing startups and now everyone can become a participant in a large project that will subsequently bring in a large income. But is it so simple to earn on this kind of crowdfunding? Let’s figure out what it’s like, what are the advantages and risks of ICO.