What is an ICO?
An Initial Coin Offering (ICO) is a fundraising method where projects sell tokens for cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). Binance Coin (BNB) itself launched via an ICO in 2017.$MKR
Investors buy tokens hoping for future value, but many ICOs fail or turn out to be scams. Unlike IPOs, ICOs are lightly regulated, increasing risk. Successful ICOs, like Ethereum’s, birthed major platforms. Always read whitepapers and verify teams before investing. Curious about new projects? Research thoroughly!