TLDR
ICO or Initial Coin Offering is a type of fundraising done with cryptocurrencies. Modeled after the traditional IPO (Initial Public Offering) ICOs are ways for startup cryptocurrency companies to sell their underlying token in exchange for Bitcoin, Ether or Fiat. In the Q2 of 2018, ICO hit a dramatic decline that saw it record an average ROI that is way lesser than it has ever been since the records could remember. Only 7% of ICOs have been able to secure listings, 55% failed to hit their funding target while 15% already has a working business.via the TL;DR App
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Written by burency | Burency is an advocate for crypto and Blockchain adoption, particularly in the MIDDLE EAST.
