Before a company makes an initial public offering, it has to release a certain amount of information. It has to tell potential shareholders the current value of its assets, what it does, how much it earns and how much it spends. It has to give investors enough knowledge to make an intelligent decision about whether to invest.
It's also very important to provide details about how to funds raised during an ICO will be used, how they will allocate the funds and what direction the company will be heading towards. This information is usually provided to investors in the form of a whitepaper.
When assessing a initial coin offering then its important to go through the whitepaper.
What is an ICO?
An ICO is an unregulated way for raising funds for new cryptocurrency ventures. The term ICO stands for Initial Coin Offering and it's used by blockchain startups to raise funding and for bypassing the regulated capital-raising process needed by venture capitalists or banks.
During an ICO presale stage, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, this is usully in the form of bitcoin or Ethereum.
Initial Coin Offering List
So now that you know what an ico is, its time to understand how to get hold of the best ico lists.Check out our about us page for a link to our ICO Junky site that will provide you with all the hottest ICO lists and advise available today
