Quote from: Cardan0 on January 12, 2018, 09:43:53 AM

Quote from: vivekarora83 on January 12, 2018, 09:18:28 AM

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.

In addition, ICO for fundraising, to run the project. That's what I know.
By getting involved in ICO, there are some benefits that can be gained.