What does ico mean crypto

what does ico mean crypto

2010 bitcoin worth

Look for a strong team "refund," is usually outlined in the project's whitepaper.

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Contrary to utility tokens, if a token derives its value from an external, tradable asset or it can increase in value based upon the efforts of others, it may be classified as a security token and become subject to federal securities regulations. Of all the possible funding avenues, an ICO is probably one of the easiest to set up as a scam. Once listed, new investors who missed out on the token offering have an opportunity to purchase the coins. Retrieved 1 November Because ICOs are barely regulated, prospective investors should exercise extreme caution when investing.