HOW TO PARTICIPATE IN BINARY.COM ICO
When a new cryptocurrency is launched, the creators, as with any other project, need funds to make it work. ICOs have evolved to fill this need.
IF YOU DONT UNDERSTAND WHAT ICO IS,HERE IS IT.
ICO:-
An Initial Coin Offering is an occasion in which everybody is permitted to buy newly created cryptocurrencies
(tokens) in return for built up digital forms of money like Bitcoin (BTC) or Ether (ETH). "When a new cryptocurrency is launched, the creators, as with any other project, need funds to make it work. ICOs have evolved to fill this need.
How does an ICO work?
In initial public offerings (IPOs), companies sell their equity, in the form of shares, for cash. Rules that govern IPOs usually require the companies selling equity to be backed by tangible assets.
During ICOs, companies exchange their newly created cryptocurrencies -- called tokens -- for payment in an existing currency, which can be old-fashioned cash, or an established cryptocurrency, often bitcoin.
No comments:
Post a comment