Is it possible for a company to raise funds through an ICO even if it is not a startup? 
For example: Say company X manufactures chocolates but now it wants to further expand its operations and needs funds for it, can it opt for ICO instead of a Private Equity fund or a Bank Debt?
Please help I am a complete newbie and this concept is confusing me a lot
Thanks
This is very possible and you just need to build trust in other to be able to actually rise fund for your project. However many scammers are now in the icos market and start up projects are what their are using to scam people. I have invest in many start up projects and 99% of them are scam. If you desire to start a company why not start from using your own capital and later use ico market to raise money for expansion. For example: Say company X manufactures chocolates but now it wants to further expand its operations and needs funds for it, can it opt for ICO instead of a Private Equity fund or a Bank Debt? Please help I am a complete newbie and this concept is confusing me a lot
Thanks