Initial Coin Offering
Distribution method to purchase coins before they are built in order to fund development of new projects, hopefully.
Usually this is done as a form of pre-launch crowdfunding where early backers can invest in a project early. In return for the risk, they receive a hopefully large amount of the projects coin.
* All terms and definitions may update as the Cryptionary improves.
Buy Hodl Sell © 2019-2023