What is ICO cryptocurrency: An Initial Coin Offering (ICO) is an unregulated means by which funds are raised for a new cryptocurrency venture. It is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an Initial Coin Offering campaign, a percentage of the cryptocurrency is sold to early backers of the …

According to Wikipedia, a cryptocurrency is a digital asset that is designed to work as a medium of exchange using cryptography to secure its transactions. Additional units are also created using various algorithms. The transfer of the assets is also verified using cryptography. Any cryptocurrency can a type of a digital currency, an alternative currency or a virtual currency. Cryptocurrencies …