CoinMarketCap’s list of upcoming initial coin offerings lets you see which projects are currently preparing to start crowdfunding.
What is an initial coin offering? An initial coin offering (ICO) is a new crowdfunding approach used by blockchain companies. Companies usually create their own virtual currencies or tokens and sell them to the public to raise money to implement their blockchain.
Initial coin offerings are a method of raising capital for startups using cryptocurrencies as funding. This is how companies like Telegram, Kik and Brave raised millions of dollars in a matter of seconds while avoiding the headache of VCs. An easy way to understand an ICO is to see it as a crowdfunding campaign. Investors send funds to projects they like and in return receive new or existing cryptocurrencies. Those new coins play a role of shares and can be traded on cryptocurrency exchanges if they are successful; however, there is no promise that investors will get anything back.
A white paper is a document that contains the technological aspects of any specific ICO and they can be submitted as a PDF so anyone can review them. It should include information about various factors such as the solution, token model, demography, genesis etc. Make sure to do your own research before putting money into an ICO.
Take a look at CoinMarketCap’s page for ongoing ICOs, as well as our ICO calendar.
Stay on top of crypto.
All the time, any time.
Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings and more information from CoinMarketCap.