What is an ICO and How to Participate in?

Have you heard of ICO before? Is it related to Bitcoin, Ethereum or Litecoin? Do you want to know more about these(You can take the message from ICOHoo.com)?

What is The Full Meaning of ICOS?

ICO stands for Initial Coin Offering. ICOs are similar to IPOs and crowdfunding. ICOs have become a popular way to fund cryptocurrency projects. An ICO is an event in which a new cryptocurrency project sells part of its cryptocurrency tokens to early adopters and enthusiasts in exchange for money today.

Recently, it is very popular for all people to invest digital assets. And ICOs are the hot new thing in the blockchain community. They are an alternative to crowdfunding, through an ICO some company can raise found to develop the team and enhance some special fields such as digital assets, Crypto Currencies and Internet Real Estate. Digital Assets are a unique asset class. With high risk, high barriers to entry, they have shown extraordinary returns over the past ten years.

What Are Crypto Currencies?

Crypto Currencies are digital money, created and held electronically. The most popular crypto currency is Bitcoin, but there are over 700 other currencies, many with better historical returns.

Digital Wallets – Each crypto currency is kept in a digital wallet specific to the currency. Few investors hold funds in more than a few currencies, since wallet management becomes risky and cumbersome.

Smart Contracts – Using digital smart contracts based on Ethereum, we can distribute dividends in a secure, automated and transparent way.

An ICO is a unique way for backers to join a new Blockchain project by acquiring a certain amount of initial token supply. To participate in an ICO is to purchase and hold the Tokens it launched. Prospective participants should request and consider the Prospectus before making any investment decision. Prospective participants must make their own independent assessment, after making such investigations as they consider necessary, of the merits of participating in the ICO. You can learn more details on ICOHoo homepage, there are a lot of ICO information.

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