![]() ![]() fiat currency) or cryptocurrencies such as Bitcoin or Ethereum. Tokens are purchased by participants (investors) in return for an eligible payment instrument (e.g. ![]() Frequently Asked Questions What does an ICO mean?Īn Initial Coin Offering or Initial Token Offering (ITO) is a type of project or startup financing that is conducted with the help of issuing coins (or tokens). It helps our investors save considerable time in searching for profitable investments. Our mission is to provide all possible reliable and up-to-date information about each project in the crypto industry. We eliminate bad investment decisions with our useful services that are constantly updated: we present fresh ongoing, pre-sales or upcoming crowd sales, and compares various project ratings of the best agencies. In a market as volatile as the crypto market, psychological aspects behind ICOs, STOs, IDOs or IEOs can play a greater role than anything.ĬryptoTotem is an independent crypto project database for investors and crypto enthusiasts. Nowadays, it is obvious that crypto traders do not always have time or knowledge to learn all the important aspects of investing in crypto projects, even if they are very easy to understand and apply. Today Ethereum’s cryptocurrency Ether is the third strongest Coin on the market and is currently traded at around $ 100.Blockchain Companies & Crypto Startups of 2021 Even with the first listing on the stock exchange, investors were happy about several hundred percent increase in value. An Ether was traded in the ICO for 30 cents. Within 42 days, 18 million US dollars were invested. For example, those who invested in Ethereum ICO in 2014 made a huge profit. ![]() Thus, skillful investors, who buy a new cryptocurrency in an ICO as early as possible, can hope for skyrocketing value increases. ![]() ICO Investments have both significant advantages and disadvantages compared to Investments is already listed cryptocurrency. This is quite a promising field for large earnings, and if you don’t want to miss the chance go-ahead today. On the other hand, the sphere of cryptocurrency is on the rise now. The main thing is to understand that you are investing money in someone’s idea, which may not actually be worth it. This happened because more reliable offers are usually facilitated by an exchange or transaction service that can allow investors certain security measures against scammers. Numerous ICOs are launched independently, it is managed by the issuing body on its website or platform. Others keep the supply fixed and adjust the price based on the demand, increasing as much as possible and there are also those that provide dynamic delivery when a new coin is created when someone buys one. Some ICOs have a specific purpose of fundraising and can keep the price fixed throughout their sale. But prices can fluctuate, and if more people buy, you could end up with fewer tokens. Investors who buy earlier can be given preferential terms by paying a lower price per coin. Most ICOs determine the number of tokens or coins offered before sale. (Usually tokens are issued to represent ownership of a project or decentralized autonomous organization, but coins are usually currency property.) The document usually contains information about the process of issuing the tokens, information about the project that will be implemented, as well as the team that is behind the project.Īn ICO begins with some kind of statement, often called white paper outlining the details of the project, the project plan, Budget and goals and some discussions about how coins or tokens will be distributed. There is no legally defined content and conditions that one whitepaper must meet. ICO Whitepaper is a document issued by an organization/company that issues tokens in order to raise funds to finance a specific project. Tokens can be recognized as financial instruments or a commodity (or services) that can be used by the owner of tokens (utilities), depending on the characteristics of the cryptocurrency. Tokens were created as “smart” contracts based on the Ethereum or Wave blockchain network. Tokens can be defined as crypto assets issued to a company that finances a project through ICOs, which can be a payment tool (monetary unit) only in the project ecosystem that offers similar features as coins, but their owner also has other rights in the network, such as the right to vote, the right to a dividend, the right to a portion of income, and others. If an ICO fails to reach its soft cap, most ICOs will return funds to investors. Most ICOs will also have a hard cap, which is the maximum amount that they will accept in investment. The soft cap is a minimal amount required for the project to move forward. An ICO has achieved its goal once its soft cap is reached. ![]()
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