NEWS: Initial Coin Offering (ICO)

August 11, 2017

What is an Initial Coin Offering (ICO)?

An ICO is a innovative method of crowdfunding using concurrency. Usually, an ICO is conducted on the Blockchain/Ethereum network.  ICO’s are a way for start-ups to raise money from institutions and investors alike.  Essentially, and ICO is a method of skipping early-stage investing and venture capital funding.   Those who invest in an ICO are awarded a token or digital currency, which would be the equivalent of owning a corporate share.

In 2017, over 100 Initial Coin Offerings have taken place, raising in excess of $1.2 Billion US dollars.

Funneling through and understanding all the ICO’s can pose to be a challenge for any investor. Blockely offers ICO guidance and strategy for investing through the marketplace.  Blockely can help investors looking to:

• Invest in an particular ICO
• Explore ICO opportunities
• Launch a new token/ICO
• Understand the marketplace/industry