🚀What are ICOs and how to make money with them
(Complete guide) 💸
ICOs are a form of funding where cryptocurrency projects sell tokens before their official launch. Investors buy these tokens at a low price in the hope that they will increase in value when they are released to the market.
ICOs follow a structured process that allows projects to raise funds and distribute their tokens to investors:
1. Project creation and token definition
A team of developers designs a new blockchain or a token based on an existing one. The utility of the token within the ecosystem, its total supply, and the distribution strategy are defined.