What Snapchat did earlier this year was an IPO, when their stock became for the first time was offered to the public, like you and me, on a regular stock exchange. They issued a regular stock, but imagine if they had made SnapchatCoin instead, and you could buy SnapchatCoin on Poloniex. That would have been an ICO :)
Icos ipos the is a lot of new language for me to understand but I will try cheers for the reply mate
What Snapchat did earlier this year was an IPO, when their stock became for the first time was offered to the public, like you and me, on a regular stock exchange. They issued a regular stock, but imagine if they had made SnapchatCoin instead, and you could buy SnapchatCoin on Poloniex. That would have been an ICO :)
Thanks that's a little bit easier to understand bite sizes for I think cheers mate