When new projects enter the crypto world and need to raise funds to continue their operations, the three most commonly used methods are ICO, IEO, and IDO.
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ICO (Initial Coin Offering)
An ICO is a method of fundraising in the crypto space where a project sells its tokens directly to investors. Since project owners sell tokens through their website, it can be cost-effective for project team members. However, the lack of intermediaries can also lead to the risk of scams.