What is an ICO: Not long ago, Bitcoin experienced a process of being born and maintaining a potential future, although this was explained and understood as an absurd step towards a digital currency. In the years since Bitcoin matured, the cryptocurrency ecosystem has exploded. In the process of increasing the birth rate of newly issued coins, there is a type of transaction called “initial coin issuance” or ICO. ICO is a tool for seeking financial support, which involves long-term cryptocurrency transactions in exchange for the rapid value of current cyptocycurrency. According to a report in the Financial Times, ICOs are not subject to legal supervision of the provision and distribution of cryptocurrencies, and investors can invest funds in these laws.
On the other hand, The Economist describes ICOs as digital tokens issued in issuances that cannot be eradicated by the log and blockchain.
All in all, we can say that ICO is a new type of hand-held catapult manufacturing method.
Law: Smith + Crown explained that most ICOs sell software tokens and are related to the time available for purchase. In order to circumvent the legal necessity, “crowdfunding” or “donation” has replaced ICO, which is currently the commonly used language.
Is it possible for ICOs to slow down: In this regard, Crypto Hustle wrote in a recent article that the reason for ICO hysteria is those who first adopted Ethereum and are now interested in making a comeback. Therefore, it is impossible to speculate whether the happiness-seeking phase will last for a long time, but when corrective measures come, we will see which cryptocurrencies still exist.
If ICO is a safe choice: if you are an adventurer and not a risk transferer, and you have not paid attention to ending capitalism, nor have you noticed that this theme may get you into trouble without capital, then come on, this is you Phone.
Now that we have collected information about the ICO, let’s discuss the final issue.
What is the future of ICO: According to a 2017 survey report, “Although about 104 million U.S. dollars have been raised, about 46% of ICOs have not yet reached the fruitful stage. ”
The risk of investing in cryptocurrencies has increased.
The volatility of cryptocurrencies.
China has banned ICOs, while Russia has published a completely different set of ICO regulations and promised investors to sell back their tokens. It is very difficult to promote ICOs on Google and Facebook. Twitter specifically banned scam encrypted accounts. The higher authorities believe that the blockchain has a bright future, but ICO? Its future is struggling with its own inner decay, trying to cross that extra bridge to prove its credibility.
So yes. The death of ICO is indeed imminent, and without our knowledge, it may merge and disappear, just like it has never existed in the economy. But there are still some coins that can be turned into the next Bitcoin, so you must look for the best ICO.