Tuesday, May 16, 2017

IDG Contributor Network: Funding your startup with the ICO and token crowdsales explosion

Investors are allocating substantial sums to cryptocurrencies. Entrepreneurs would be wise to make themselves aware of the billions being raised in the global ICO (initial coin offering) markets.

An ICO is an unregulated means by which a new cryptocurrency venture monetizes its investment. ICOs use dynamic pricing based on real-time supply and demand. The time-based pricing strategy means that no central authority or government sets the price; rather, the price of the token is based on current market demands.

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May 16, 2017 at 06:14PM

from Peter B. Nichol