New projects sell tokens to raise funds, so why are there several different terms for it?
ICO (Initial Coin Offering) refers to a project selling tokens directly to the public to raise funds for development.
Those who contact you out of the blue to sell you “private sale allocations” are often scammers. Legitimate offerings are announced through public channels.
The early development funding for $ETH came from a public crowdfunding campaign in 2014.
In what context did you learn about this?
Just jotting this down. Make your own decisions about buying and selling.
ICO (Initial Coin Offering) refers to a project selling tokens directly to the public to raise funds for development.
Those who contact you out of the blue to sell you “private sale allocations” are often scammers. Legitimate offerings are announced through public channels.
The early development funding for $ETH came from a public crowdfunding campaign in 2014.
In what context did you learn about this?
Just jotting this down. Make your own decisions about buying and selling.