good day to you All dear readers
i have recently read an article and it they said there is ico's and ipo's what is exactly the differance between them? glad to hear you opinions
best regards
IPO = Intial public offering, the moment a company goes to the stock exchange and gives out stocks for people to buy;
ICO = Initial coin offering, the moment a company needs cash to fund further development of their idea, difference with an IPO is that nobody would buy stocks on a company that does not have a working
product,service etc. Some ICO's collect a lot of money without a working product.