Initial coin offerings are more than just another economic bubble

Increasingly, start-ups issue their own digital currencies through ICOs. Critics fear another digital bubble is forming, whereas tech enthusiasts predict a financial revolution

 
An ICO is similar to a crowdfunding campaign: investors purchase a slice of the issuing company’s currency reserves to fund a project or use it on the company’s platform as a token
An ICO is similar to a crowdfunding campaign: investors purchase a slice of the issuing company’s currency reserves to fund a project or use it on the company’s platform as a token 
Cryptocurrency | Markets | Premium
Author: Alex Katsomitros

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