What is an ICO?ICOs are basically the crowd-funding process that involves the issuing of digital tokens (cryptocurrencies) to investors in exchange for money to establish a startup venture. These investors become early adopters of whatever technology the startup venture supports, be it a news indexing service, a music licensing platform, or even travel rewards program as the case may be. Such has been the growth and expansion of the market that more and more innovative, blockchain-based applications are being released.
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