How exactly do ICOs work? I found one that is selling their coins for 3/4 off. I'm not too sure how the distribute the coins, I saw this on their website:
"The minimum investment to receive your money back is 1.000$. return will be made every month for 12 months. Every month you will receive 8.4% of your funds to an even 100% when 12 months. The return is via BTC, ETH or USDT not via SilverCoin."
When I purchase the coins, do I not get them until after the launch or what? I'm kind of confused.
8.4% every month sounds unsafe because to even stake a coin for a whole year can only give you 5% to 15% so id say 8.4% every month sounds like a pyramid scheme, you could have drop the name of the ICO projects for smart people to check out and give you quick answer in return, most ICO projects are scam, be very careful