Initial Coin Offering (ICO)
By CoinGecko | Updated on Aug 12, 2021
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales. Typically, raised funds are used to fund operations, research & development, marketing and more.
Related Terms
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
When Lambo
An expression used by investors to ask when the value of their investment could buy them a Lamborghini
Shitcoin
A coin with no obvious potential value or usage.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.