ICO has proven to be a revolutionary way for many companies and projects to raise money. ICO can be said as the combination of conventional methods and advanced techniques. The main thing to consider here is that investors investing in the ICO will be 100% risk-free due to the technology used.

Until now, most of the ICO funds have been raised through Bitcoins (BTC) or Ether (ETH). While doing the ICO, the project produces a Bitcoin or Ethereum address to receive funds and then displays it on the respective web page. The procedure is the same as opening a bank account and then displaying it on a particular web page to people so they can send money.

Initial Coin Offering (ICO) is basically an illegal way to crowdfund through various cryptocurrencies (fiat currencies in some cases) and is operated by cryptocurrency organizations to raise the necessary capital funds to run the project. In an ICO, a particular part of the recently issued cryptocurrency is sold to investors in exchange for any legalized offering or any other cryptocurrency. It can be said that it is a symbolic sale or a crowd sale that involves taking the amount of investment from investors and providing them with some features associated with the project to be launched.

IPO i.e. Initial Public Offering is a process somewhat related to ICO in which investors receive shares in ownership of the company. While in ICOs, investors buy company coins that can increase in value if the business expands.

The first token sale, i.e. an ICO, was held by Mastercoin in July 2013. Ethereum raised money through an ICO in 2014. ICO has adopted a completely new definition in recent years. In May 2017, there were approx. 20 offers, and also a recent web browser The Brave ICO generated about $35 million in just 30 seconds. As of the end of August 2017, a total of 89 ICO coin sales worth $1.1 billion had taken place as of January 2017.

Investors send Bitcoin, Ethereum or any other cryptocurrency to the indicated address and then in return get new tokens that can greatly benefit them if the project is affected.

• ICO is basically carried out for cryptocurrency based projects that are based on decentralized techniques. So naturally, such projects would attract only those investors who have a keen interest in the concept of cryptocurrency and are friendly to the technology used.
• In fact, the document that belongs to an investor remains in the form of a web page, white paper or web publication. Some of these documents show exact details about the project, or some literally falsify its characteristics to mislead those interested. So before trusting any white paper or electronic document, it is better to go through quality control.