Pretty new to cryptos, and I have bought ADA,XRP and NEO...
Reading a lot about ICO's but cannot really figure out what ICO's are...
Any anyone explain me the fundamentals ?
One liner for this: Initial Coin Offering.
It is a public or private offering of a new coin in which investors pay with fiat or an existing coin (normally Ethereum or Bitcoin) and receive a certain quantity of the new coin. For example, I am going to launch the "Rabbit Coin" and I make a public offer for anyone who wants to buy it at 1 BTC for 100 Rabbitcoins. (RBC)
Most of ICOs are really ITOs, Initial Token Offerings really.