Initial coin offering is a crytocurrency term that is sort of similar to crowd funding, but allows people to invest in a project, which is like an investment. This is basically like investing in an initial public offering. ICO have gained quite a good popularity today and continue to seem very viable as there is actually a rush towards this rush to pool resources, towards this kind of investment. Most times as in every manmade product there would always be concerns, advantages, setbacks and speculations, But for now, it seem quite viable and the hottest thing when it comes to investment and cryptocurrency.
Initial coin offering allows everyone in the cryptocurrency ecosystem to send money to buy tokens for projects, Great thing about this offering is that you can buy tokens form anywhere you are in different parts of the globe. This goes on to buttress the mission or advantage of the cryptocurrency world which is sustain a decentralized system. This sufficiently allows users to buy into any project in any place. Investing in an initial coin offering is a great way for investing that would ensure you have returns, in short period of time. This has been seen to be a great way to invest crytocurrency and earn highly without having to go though foreign markets. In recent times, it has been seen that this has been highly successful and has yielded high return to investors that has defied the risk and gone ahead to invest.
Irrespective of all the positive reports and returns, The fact that people still go on to invest in these projects whether they are ongoing, has put a lot of traffic on ICO investments some people worry that because the amount of people that are ready to invest during an ICO is on the increase, only the high offering transaction get to be picked up by the blockchain, and as such this can only pose to be a threat sometime later in the future.