Introduction to ICO (Initial Coin Offering)#

Berbagai Kriptokokus

Today, many people make a living on the Internet or social media. With the emergence of the Internet, many opportunities arise that have helped many people around the world. One such opportunity is known as cryptocurrency. If you wish, you may consider Initial Coin Offering, which is abbreviated to ICO. In fact, the idea of ​​presale Bitcoin or cryptocurrency has evolved into a powerful tool for earning money to develop new applications or media. By reading this article, you can get an overview of ICO. Read on to learn more.

headerWhat is ICO

ICO stands for Initial Coin Offering. In this approach you offer several new cryptocurrency crypto units for other crypto exchange like Ethereum or Bitcoin. Actually, you can sell and trade pre-made tokens if there are any interest.

History of ICO

Ripple is probably the first distributed cryptocurrency. In the first few months of 2013 the company started Ripple development and created about 100 billion XRP tokens. Then the company sells it to raise funds in order to develop the Ripple platform.

During the last quarter of 2013, another company, Mastercoin made an appointment to create another layer of digital currency called Bitcoin for the implementation of bit-based transactions and Bitcoin transactions. The developer sells the Mastercoin token at a price that is not too expensive. Bitcoin and gets about $ 1 million.

ICO funds many other cryptocurrencies, such as Lisk. Lisk coins sell for about $ 5 million in the early quarter of 2016. But Ethereal is the most prominent thing. In 2014, other important things happen. The Ethereal Foundation plans to sell the ETH with the number 0.0005 per Bitcoin. It makes them about $ 20mio and it became one of the top crowdfunding ever.