How is ICO better than IPO?
In some countries, white paper is not considered a legal document. The ICO process is shorter than an IPO. The ICO process involves just the programmers and the internet….Pros (+) and Cons (-)
Pros (+) and Cons (-) | IPO | ICO |
---|---|---|
Company’s track record | + | – |
Quick investment | – | + |
Smaller investments | – | + |
Reliability | + | – |
Is investing in ICO’s a good idea?
Of course, investing in ICO’s is a high-risk venture. Immense Profit Potential: Many in the space want to invest in the “next Bitcoin”, potentially riding the wave of buying coins at pennies on the dollar and selling them later at an astronomical valuation.
What are the advantages and disadvantages of ICO?
Advantages of ICO. Democratization: Allow projects to circumvent the traditional method of asking Banks/Venture Capitalists that may take a lot of time and resources. Anyone can invest and can earn the possibly huge returns just like how the big boys are accustomed to. Of course, investing in ICO’s is a high-risk venture.
What is an Initial Coin Offering (ICO)?
An initial coin offering (ICO) is a means of crowdfunding, through the release of a new cryptocurrency or token to fund project development. There are currently more than 1,000 coins available on different exchanges, with hundreds more in the process of being listed on exchanges.
Why is it important to know about ICOs before participating?
Knowing which ICOs are coming up will enable you to plan ahead, especially for ICOs that has a whitelist. A whitelist ICO means that you have to register in advance to participate in the ICOs, which are usually hallmarks of popular ICOs that have a limited number of coins to offer.