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
Mineable
A cryptocurrency is said to be "mineable" when it has the system thrugh which miners can be rewarded with newly-created cryptocurrencies for creating blocks.
All-Time-High (ATH)
The highest point (in price, in market capitalization) that a cryptocurrency has been in history.
Miners
Contributors to a blockchain taking part in the process of mining.
Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.