GLOSSARY OF TERMS
There are 2 names in this directory beginning with the letter I.
An acronym for Initial Coin Offering. It is a method for a company (generally a start-up) to generate investments for a new cryptocurrency or token. Those investing in the ICO do not get a stake in the company, instead they take a risk on the success of the new currency. Essentially, they gamble that the new token will circulate and increase in value and therefore generate a profit for them.
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