Quote from: AdolfinWolf on January 26, 2018, 04:23:24 PM

Quote from: Maxnilu on January 26, 2018, 04:04:49 PM

What is an ICO (Initial Coin Offering) and why invest in one?

It's the equivalent of an IPO - https://www.investopedia.com/terms/i/ipo.asp, basically when a stock goes to the market for the first time, they sell a certain amount of them at a fixed price.

That's basically what an ICO does aswell, but with coins, or tokens.

A more detailed explanation can be found here, https://blockgeeks.com/guides/initial-coin-offering/

It could potentially make you a lot of money, if the coin blows up, ( like ethereum did.)

New knowledge that I have gain. Thank you!