Why is ICO based on Ethereum

1. ICO is actually the instry term of blockchain. It is the abbreviation of initial coin offering. It is the concept of initial public offering (IPO) derived from the stock market. It is the first time that blockchain projects issue tokens to raise bitcoin, Ethereum and other common digital currencies.

2. What was the situation of Ethereum ICO at that time - bitcoin Forum

3. ICO is very similar to IPO in form and final result
IPO is the initial public offering of a company. After IPO, the company can go to the securities exchange market for listing. Of course, there are various regulatory enforcement before and after the IPO, and the whole process is completed in reality
the difference of ICO is that the public offering party can be an indivial, a company, a community, or an institution. After the offering, it is listed and traded on the online virtual currency trading platform, such as smart star Witkey, XX eight, XX one proct, etc. the whole process is completed on the Internet
virtual currencies, such as bitcoin and Ethereum, have become fixed currency in circulation on the Internet, such as the US dollar in the real world. Most of the ICO process is not the project party selling its own equity, it should be said that it is the right to use, that is, the expected qualification of the future value of the proct
resources ICO internet post bar

4. ICO is a blockchain instry term, which is a common way to raise funds for cryptocurrency / blockchain projects. Early participants can get the cryptocurrency generated initially as a return. Because the token [3] has market value, it can be converted into legal currency to support the development cost of the project. The tokens issued by ICO can be based on different blockchains. The common issue is based on Eth and BTS blockchain, which provides bookkeeping service and value consensus to realize global issue and circulation.

5. In short, the current ICO is based on the currency issued by Ethereum, as long as a smart contract is established on it, and financing needs to publicize your contract address, so that others can automatically exchange your currency when they call eth. Finally, it is said that domestic ICO is prohibited

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ICO has two important meanings

ICO is the icon file format of windows. Icon files can store icon files of single pattern, multi size and multi color board. An icon is actually a collection of images in different formats, and also contains a certain transparent area

ICO (abbreviated as initial coin offering) is an IPO concept originated from the stock market. It is a behavior of blockchain project to issue token for the first time, raise bitcoin, solve Ethereum and other common digital currencies

7. Virtual currency and token have different functions

8. The team leader adds a small whale bonus, collects the members' mines, records the quantity and type of minerals of each miner, and has such tools. Then the team leader is responsible for pulling mines and selling them to guitars, and the team leader receives 10%.

9. If you have spare money, you can go to the okex platform to open an account, smash it in and do a long-term job. You don't have to care about the rise and fall in the middle. This requires you to have a good attitude or make a fixed investment every month.

10.

ICO is the abbreviation of initial coin offering, which literally translates into the first issue of token. It is the first issue of token in the blockchain project to raise general digital currencies such as bitcoin and Ethereum. To put it simply, it is a crowdfunding for blockchain projects with encrypted digital tokens as the subject matter

ICO began to appear in China in the second half of last year, and then became famous. On May 23, the highest price of quantum coin reached 66.66 yuan, which was 33 times higher than the crowd funding price of 2 yuan in March, crushing all the record of ICO's first day increase

why stop

in the announcement issued by seven ministries and commissions including the central bank, it is clearly pointed out that token issuance financing refers to the so-called "virtual currency" raised from investors through the illegal sale and circulation of tokens. In essence, it is a kind of unauthorized illegal public financing, suspected of illegal sale of token tickets, illegal issuance of securities and illegal fund-raising Financial fraud, pyramid selling and other illegal and criminal activities