Initial Coin Offering (ICO)
By CoinGecko | Updated on Aug 12, 2021
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales. Typically, raised funds are used to fund operations, research & development, marketing and more.
Related Terms
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
Sharding
A form of database partitioning which breaks up data into smaller segments.
Peer to Peer
A communication protocol that does not require a central hub
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