Bitcoin-0.22%
3721.81 USD
CAP: 65,296,664,791 USD
Ethereum-0.44%
136.92 USD
CAP: 14,363,166,317 USD
XRP-0.79%
0.31 USD
CAP: 12,688,465,806 USD
CAP: 2,674,619,781 USD
EOS-0.31%
2.92 USD
CAP: 2,642,399,355 USD
CAP: 2,272,788,492 USD
Tether0.03%
1.00 USD
CAP: 2,027,843,448 USD
TRON-0.19%
0.02 USD
CAP: 1,604,424,111 USD
CAP: 1,536,068,186 USD
CAP: 1,315,707,459 USD
CAP: 1,103,199,236 USD
Monero-0.76%
48.38 USD
CAP: 812,796,953 USD
IOTA-0.19%
0.28 USD
CAP: 775,438,618 USD
Dash-0.32%
80.29 USD
CAP: 693,449,838 USD
Maker0.34%
554.31 USD
CAP: 554,310,868 USD
NEO-0.2%
8.36 USD
CAP: 543,500,883 USD
CAP: 456,356,594 USD
NEM-0.07%
0.04 USD
CAP: 376,210,275 USD
Zcash-0.6%
52.26 USD
CAP: 309,309,289 USD
Apr 4, 2018by Roger Lee

An ICO, or “initial coin offering”, is in many respects similar to an initial public offering.  It is a fundraising tool that trades a future cryptocurrency in exchange for some existing cryptocurrency.  Essentially, the ICO is raising money in the form of bitcoin or other cryptocurrency.

Unlike an initial public offering, ICO’s are not regulated by any government nor do they offer any ownership stake in the company.  The participants in an ICO only receive some amount of the future cryptocurrency, typically called ‘tokens’, and hope the value of the new cryptocurrency will rise in the future.  These tokens may also represent an ownership stake or royalty in the specific project.

Many ICO’s take advantage of Ethereum’s smart contract system.  A participant will send funds to a smart contract, which will then distribute the correct amount of new tokens to the participant at a later point in time.

2017 saw an explosion in the number of ICO’s available.  It all started with the success of Mastercoin (now rebranded to Omni) in 2013. Ethereum would soon follow in 2014, raising just over $18 million, the largest ICO at that time. However, while there are many success stories following an ICO, history also warns of many coins that were unable to hold onto their initial value, or were outright scams from the beginning.

Since ICO’s are generally not regulated, there have been a number of examples of scam artists putting together some great marketing material making promises that were quickly broken.  Both the immense success of many ICO’s, as well as the questionable legitimacy of others have garnered governmental attention around the world. In the United States, the Securities and Exchange Commission has ruled that if the token issued in an ICO is a financial security, then the ICO is subject to regulation, though what constitutes a ‘financial security’ still remains to be clarified.  Other countries have considered banning or have already banned ICO’s.



Bitfinex
3782.80 usd
Coinbase
3663.99 usd
Bitstamp
3669.40 usd
Kraken
3665.50 usd
itBit
3662.10 usd
Kraken
3244.10 eur
Bitfinex
3342.10 eur
Coinbase
3242.12 eur
Bitstamp
3247.88 eur
Bitsane
3233.34 eur
Kraken
4803.80 cad
LakeBTC
5732.08 cad
LocalBitcoins
4716.76 cad
BitSquare
21998.79 cad
Coinbase
861.74 cad
IndependentReserve
5080.22 aud
BTCMarkets
5134.99 aud
ACX
5137.55 aud
CoinJar
5132.00 aud
Quoine
5248.11 aud
CoinBene
3707.91 usdt
Bibox
3713.20 usdt
BitMart
3708.81 usdt
IDAX
3708.57 usdt
Binance
3707.64 usdt
Bitfinex
139.90 usd
Ethfinex
139.90 usd
Coinbase
135.38 usd
Kraken
135.41 usd
Bitstamp
135.46 usd
Kraken
119.77 eur
Ethfinex
123.66 eur
Bitfinex
123.66 eur
Coinbase
119.69 eur
Bitstamp
119.82 eur
Kraken
177.88 cad
NDAX
157.23 cad
QuadrigaCX
163.29 cad
Remitano
214.73 cad
IndependentReserve
190.39 aud
BTCMarkets
189.14 aud
CoinJar
188.60 aud
Quoine
145.70 aud
ACX
190.99 aud
BitMart
136.77 usdt
Binance
136.87 usdt
IDAX
136.94 usdt
Bibox
137.00 usdt
LBank
136.65 usdt
Bitfinex
0.31 usd
Bitstamp
0.30 usd
Kraken
0.30 usd
Exmo
0.31 usd
BitTrex
0.31 usd
Kraken
0.27 eur
Bitstamp
0.27 eur
Bitsane
0.27 eur
Cexio
0.27 eur
Exmo
0.28 eur
Kraken
0.40 cad
NDAX
0.52 cad
IndependentReserve
0.43 aud
BTCMarkets
0.43 aud
CoinJar
0.43 aud
ACX
0.62 aud
Binance
0.31 usdt
ZBG
0.31 usdt
IDAX
0.31 usdt
OKEX
0.31 usdt
HuobiPro
0.31 usdt
Bitfinex
45.03 usd
Coinbase
43.67 usd
Bitstamp
43.53 usd
Kraken
43.50 usd
Gemini
43.67 usd
Coinbase
38.64 eur
Kraken
38.50 eur
Bitstamp
38.52 eur
Bitsane
38.27 eur
Bitlish
38.83 eur
NDAX
43.75 cad
QuadrigaCX
46.30 cad
IndependentReserve
60.54 aud
BTCMarkets
61.03 aud
ACX
61.07 aud
CoinJar
64.32 aud
HitBTC
44.03 usdt
OKEX
44.01 usdt
IDAX
44.05 usdt
HuobiPro
44.06 usdt
CoinBene
44.07 usdt
Bitfinex
2.97 usd
Kraken
2.87 usd
Exmo
2.96 usd
Yobit
3.00 usd
LiveCoin
2.88 usd
Bitfinex
2.63 eur
Kraken
2.54 eur
Exmo
2.64 eur
BitFlip
4.62 eur
Nexchange
8.88 eur
NDAX
3.51 cad
ACX
7.59 aud
HitBTC
2.91 usdt
OKEX
2.90 usdt
BitMart
2.91 usdt
BitZ
2.92 usdt
HuobiPro
2.91 usdt
binance