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
If they want to expand their business investments, they can use different capital calling strategies. But I think ICO will be a good way to call for investment and not take too much time. because the ICO is a new phenomenon, so there will be a lot of trust and find projects to invest ICO and to profit from it. 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
Calling for capital through the ICO is a smart decision and does not take too long to present a plan for the future.