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What is an Initial Coin Offering?

What is an Initial Coin Offering?

If you have been following the finance and investment news lately you have probably seen “Initial Coin Offering” (ICO) popping up a lot.

ICO is the first public sale or offering of a new cryptocurrency.

A cryptocurrency is an encrypted digital currency or token that operates through the blockchain. The blockchain is a highly-encrypted ecosystem with a wide variety of software and applications.

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