Kamis, 01 Maret 2018

Introduction To Icos- Its Evolution

By Alex D White


After a long, keeping patient and going through a lot of stipulations with the Bitcoins and the profits that it can offer to investors. Bitcoin finally had a reply to its critics, as it finally got its value, considered as one of the most popular cryptocurrency in the economic world the value of Bitcoin has reached to an astonishing amount of 11100$.

ICOs is definitely the modern day trend, the term has definitely become very popular as soon as the Bitcoins, one of the most popular cryptocurrency saw a huge leap in its value and reached to more than around 11000$. As this happened, people started to invest more on digital currencies in the greed of making profits in the long term adhering to the process of Bitcoins. Likewise, there were companies that introduced their own digital currencies as they saw a huge market for them, this can be considered as a crowd funding strategy.

However, people although not completely aware of the profits behind the investments made on ICOs, are attracted towards digital currencies. Initial coin offerings or ICOs, can be referred to as a crowd funding idea of using blockchain technology of using the digital currencies or cryptocurrencies, similar to Bitcoins.

Instead of giving out equity shares of the company, it looks to offer people with digital coins or tokens, in return of their investment. Now as you have the tokens you can either use to make transaction in the company products or buy their services. The SEC has taken up the steps to regulate the process of exchange or any transaction, thus the process definitely becomes very legit and trustworthy.

Initial coin offerings is a simple process where the company offers the buyer to get tokens to purchase new cryptocurrencies, by following a payment or exchange system of using different cryptocurrencies. Likewise, every time there is a new ICOs being released in the market, the company offers the public to purchase it by exchanging them with cryptocurrencies such as Bitcoin or Ethereum.

Now, this is not as preferable as it looks, simply because how can you invest on something that is intangible. But the number of people investing in digital currencies is overwhelmingly high and it is also considered as one of the better ways to get investments for new companies instead of giving out equity.

One of the most important reasons behind the increase in the value of ICOs is the increasing value of Bitcoins. When investors choose to buy ICOs, they put their money by making an estimate on the increasing value of the particular cryptocurrency in the upcoming future to make profit. As the value of Bitcoins has reached new heights in terms of cryptocurrencies, people look to invest on other cryptocurrencies influenced by the profits of investing in ICOs.

ICOs are known to give a lot of power to the founders itself, if you have the ability to move through the complex algorithms of crypto world, ICOs, definitely become a great source of making investment and earning profits. However, investors must have concerns that it should not be considered as a way to raise quick money, as it is a long term investment, using the cryptocurrency.




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