They’re all new projects selling tokens to raise funds, so why are there several different terms?
ICO (Initial Coin Offering) refers to a project selling tokens directly to the public to raise funds for development.
An IDO takes place entirely on-chain. Before approving anything, verify the webpage and contract address—there are many phishing sites.
$ETH ’s early development funding came from a public crowdfunding campaign in 2014.
What’s your take on this? Feel free to share your thoughts in the comments.
#ETH
This is not advice. Make your own decisions before taking action.
ICO (Initial Coin Offering) refers to a project selling tokens directly to the public to raise funds for development.
An IDO takes place entirely on-chain. Before approving anything, verify the webpage and contract address—there are many phishing sites.
$ETH ’s early development funding came from a public crowdfunding campaign in 2014.
What’s your take on this? Feel free to share your thoughts in the comments.
#ETH
This is not advice. Make your own decisions before taking action.