Initial Coin Offerings, or know as ICOs, are a form of crowdfunding in the cryptocurrency world. Buyers fund the project, and in return they get tokens on the project platform.
ICOs have raised more than $1.3b in 2017. With blockbuster ICOs Kyber and Cindicator coming soon, I will not be surprised if ICOs raised more than $2b this year.
Read also: Is it Safe to Invest in Cryptocurrencies/ICOs?
How to take part in an ICO? Buy Ether (ETH) or Bitcoin (BTC). ICOs normally take in ETH and Bitcoin as their main source of funding. Some ICOs take in fiat but they are normally reserved for institutional investors or investors who put in more than $100k. You can buy ETH or Bitcoin on exchanges such as Coinbase or Coinhako, detailed instructions here. Find out the dates and information for upcoming ICOs. In the past, I used to go https://www.smithandcrown.com/icos/ but you have...
