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Bitcoin icon ico

bitcoin icon ico

the case of an ICO, there are no shares to speak. Never before have pre-product startups been able to raise this much money and in this little time. To make sure you don't get scammed when you invest in an ICO, follow these steps: 1) Make sure that project developers can clearly define what their goals are. Further, there are dedicated sites which aggregate ICOs for investors. Ethereum has proven to be crucial for the ICO space in general, thanks to its innovations with regard to decentralized apps (DApps).

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1) Sign up for, coinbase or another digital currency exchange. There is no way to guarantee that you won't be on the losing end of a scam when you invest in an ICO (For more, see: How to Identify Cryptocurrency and ICO Scams ). History of ICOs, several projects used a crowdsale model to try and fund their development work in 2013. During the ICO campaign, enthusiasts and supporters of the firms initiative buy some of the distributed cryptocoins with fiat or virtual currency. A company can start small and grow as its profits allow, remaining beholden only to company owners but having to wait for funds to build. Finally, as a result of decentralization and a lack of regulation, ICOs are much freer in terms of structure than IPOs.