Category Archives: Tech

Many Startups Are Getting Funded by ICOs: A Beginner’s Guide To “Initial Coin Offering” Crowdsales

Both the popularity and the success of ‘Initial Coin Offerings’, more commonly known by the abbreviation ‘ICO’ seem to be going from strength to strength in 2017.

The number and variety of projects seeking to raise funds through an ICO bas exploded over the last couple of years and this growth shows no sign of slowing down. At the same time, the amount raised by successful sales is also growing, an example of which being Aragon which raised a record $25 million this week – and had to close down the sale early as they had already raised their pre-defined maximum funding cap. What’s more, the price growth of ICO tokens post-sale has seen investors pocket some astronomical profits recently.