What is ICO coin (which coins are involved in the ICO project)
What is ICO coin? ICO is said to be a financing platform developed based on blockchain technology, which establishes a digital token through cooperation with investors and project fundraising. The issuance method of ICO is similar to the equity crowdfunding model and stock proxy investment (STO). It utilizes blockchain technology to achieve a “trustworthy” commercial circulation system based on information transparency, thereby providing impetus for the economic development of the entire industry. At present, many government agencies, including the U.S. Securities and Exchange Commission and the Korea Financial Regulatory Authority, have participated in the discussion of ICO, and the definition of ICO has also been supported at the national level
Which currencies have participated in the ICO project
What currencies have participated in the recent ICO projects in the market? After analyzing some data, it was found that the majority of ICO projects’ funding sources are mainly concentrated in exchanges. From public information, when ICO issues tokens, it dynamically adjusts according to market fluctuations. At present, the market value of these projects accounts for 66.7%, which is nearly 10% higher than the previous round of ICO; According to CoinMarketCap data, there are only four currencies related to ICO among these six mainstream currencies, namely ZEC, XTZ, and EOS.
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