Cryptionary

ICO

Initial Coin Offering

1. fundraising

An ICO, or Initial Coin Offering, is a fundraising mechanism used by new projects to raise capital in the form of Bitcoin, Ether, or other cryptocurrencies. In return, investors receive tokens of the new project.

1.1

"Ethereum raised funds for its development through an ICO in 2014, where investors received Ether tokens in exchange for their Bitcoin contributions."

2. risk

Participating in an ICO can be risky, as the success of the project is not guaranteed. However, the potential for high returns can be attractive to investors.

2.1

"Many investors were attracted to the ICO of the DAO project due to its innovative concept, but the project ultimately failed due to a security vulnerability."

3. regulation

ICOs are often not regulated, which can lead to potential scams or fraudulent activities. Therefore, it's important for investors to conduct thorough research before participating in an ICO.

3.1

"The SEC has warned investors about the risks of ICOs, highlighting the need for caution and due diligence."

* All terms and definitions may update as the Cryptionary improves.

All terms

Dollar Cost Averaging Double Spend Dump Dust ERC-20 Token ERC-721 Token Ethereum Ethash Ethereum Virtual Machine Cryptocurrency Exchange Faucet Fiat Currency Flippening FOMO Fork FUD Genesis Block Halving Hash rate Hodl ICO←IEO Instamine JOMO Know Your Customer Lambo Lightning Network Limit Order Liquidity Locktime Majority Attack Market Cap Market Order Masternode Maximalist Maximum Supply Mempool Mining Mining Pool Minting Baton