What is ICO?
An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.
Altcoins, as alternative currencies to Bitcoin. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.
That’s ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here’s what I’ll cover:
0:38 – What are altcoins?
0:56 – Why do we need altcoins?
1:49 – How to evaluate altcoins?
3:56 – What is an ICO?
5:36 – The Ethereum ICO
6:23 – A disastrous ICO example
6:52 – ICO caveats
9:34 – How to evaluate an ICO?
10:30 – Conclusion
This is for informational purposes only. All Crypto Guide does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice.