ORayjA0's explanation is on the point and explains everything re: the process itself. 
If you just found out about the project i would just advise you to read the Whitepaper first:
https://www.culturalplaces.com/wp-content/uploads/2018/02/CulturalPlaces_Whitepaper.pdf?x46035
Otherwise..the ICO is split into several different phases and each one offers different conditions for buying coins.
If you just found out about the project i would just advise you to read the Whitepaper first:
https://www.culturalplaces.com/wp-content/uploads/2018/02/CulturalPlaces_Whitepaper.pdf?x46035
Otherwise..the ICO is split into several different phases and each one offers different conditions for buying coins.
Does this mean that the earlier the phase, the cheaper you can buy coins? I'm also a beginner and would like to make smart decisions with my investments.
Yes, you are correct - the earlier the better for your purse...AFTER checking if the offer is legit. Re: the Cultural Coin, you should be fine. Whitepapers are usually a good way to find out which companies and projects are serious. Ofc all of us want to make smart decisions, haha and the market is atm booming.
@slashbi: Thanks for the link.