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
Bounty
Public tasks available for anyone for a reward
Degen
Cryptotrading without Due Diligence and research - basically gambling
Shilling
One who poses as a enthsiastic customer to swindle others as a form of covert advestising.
Application Programming Interface (API)
It is a software that acts like an intermediary or a bridge that lets two applications talk to each other. It is the one that lets applications, data and devices interact.
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