Promising ICOs and How to Spot Them

2017 Initial Coin Offerings The ICO market has exploded in 2017. Once a relatively unknown funding method, the total number of ICOs in the first half of 2017 surpasses the whole number of funds raised in 2016. How Does It Work? Projects launch an ICO by issuing crypto tokens on the blockchain, giving early investors the opportunity to acquire tokens in exchange for cryptocurrency. ICOs are usually limited by time or a cap on the amount of funds raised. The value and number of tokens released can be static or calculated based on the amount of funds raised. The Problem