An ICO is an alternative fundraising mechanism where blockchain startups issue their own crypto tokens and sell them in exchange for bitcoin and ether, allowing startups to raise money for new ventures following in the footsteps of pioneers like Bitcoin and Ether. ICOs provide a fundamentally new way for projects and startups to raise capital outside of traditional models.

1. Initial Coin Offering (ICO)

2. What is an ICO?
• ICO is the abbreviation of Initial Coin Offering. It is an alternative
fundraising mechanism in which blockchain startups issue their own
crypto tokens and sell them in exchange for BTC and ETH.

3. But why ICO?
• ICO is a fundamentally new way of raising capital for a project or
startup. It’s a way to raise money for new ventures trying to follow in
the footsteps of digital currency pioneers Bitcoin and Ether.

4. Advantages

5. References
• https://polyswarm.io/
• https://icodrops.com/