Post
Topic
Board Bitcoin Discussion
Re: I need the Explanation with example of few terms in Crypto Market!
by
Boi qaaf
on 10/04/2018, 06:15:19 UTC
1) ICO
2) Bounty
3) Whitelist Registration
4) Airdrops
5) AMA
6) Hard Cap
7) Soft Cap
8. Fund Raise of a Company
9) Crowdsale
10) Signature Bounty

I am still unclear of these terms! I would be glad if someone will give guide me  Smiley


ICO - Initial Coin Offering. Similar to IPO. Instead of shares, you invest in the crypto tokens of projects which may represent a variety of things

Bounty - A reward that is offered to those who participate, promote and influence a project's outreach

Whitelisting - Some ICOs require you to be registered before investing. This is called getting whitelisted

Airdrop - Free tokens awarded to holders of a cryptocurrency or token, usually when a new coin is forked from the one you hold

AMA - Ask Me Anything(technically a broader term, not only applied to cryptocurrency)

Hard Cap - Maximum amount of funds that can be received in a crowdsale

Soft Cap - Minimum amount of funds to be received in a crowdsale for it to be regarded a success. ICOs which fail to reach their Soft Cap tend to reimburse their participants

Crowdsale - Fund-raising event. There just different ways of doing it. Usually, there's a pre-sale(s), which may be private, with bonuses followed by a public sale

Signature Bounty - Reward for lending your signature space to a campaign, which varies based on forum rank


Feel free to ask if you have any other questions.

Thank you Sachinist for giving me clarification of all these term and I am thankful to you but I have one question, If a Company is already offering a bonus on pre-sale of ICO then why does it need to Crowdsale or signature Bounty