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RE: The Questions Contest #49 | Have you ever particpated in a ICO? | Reply and win SBD & Smartcash!

in #contest7 years ago

On searching about ico i fined this definition

DEFINITION of 'Initial Coin Offering (ICO)' An unregulated means by which funds are raised for a new cryptocurrency venture. ... In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

I cont understood the definition also so i don't know about ico.

I don't participate in ICO