We can inform you that an Initial Coin Offering (ICO) means an initial offering of coins or tokens. Interested investors can buy into the offering and receive cryptocurrency tokens newly issued by the company. These tokens can be utility and have several uses. For example, the coins can be used as products or services that the company offers. Not only that, by buying coins or crypto assets, you own shares in the company or project.

The use of the ICO scheme has been widely practiced by companies engaged in the blockchain field. Prospective investors or crypto holders should not hesitate to buy the first coin released. Usually companies that do ICO will increase the price of coins as their performance or projects improve. As an investor or crypto holder, you will definitely benefit.