An Initial Coin Offering is an event that is being conducted at a starting level and also only in the business interval. In ICO business platform, investors are enabling to purchase tokens by fiat currencies and also can exchange with other existing cryptocurrencies like BTC or ETH.
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Gold Bits Coin (GBC) is in their initial coin offering stage(ICO) and it is going to end soon. They are offering one GBC coin for free to users who use the 'FREECOIN' promo code while singing-up to this coin. At the ICO stage, the coin is pricing at $0.50 Cents only and this offer is going to end soon. Gold Bits Coin team is helping customers in this process in their Telegram group.
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For those who are not familiar with this term, the Initial Coin Offering or simply ICO is an unregulated way of fundraising, especially for a cryptocurrency venture.
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QUOINE, a Japanese cryptocurrency exchange has disclosed the release of its Initial Coin Offering platform. This new platform is an all-in-one ICO execution service. It is an end-to-end solution which goals at aiding blockchain project to conduct ICO's in a flexible, secure, transparent and scalable manner which is the best method of KYC and AML.
Niall Ferguson, author of Book The Ascent of Money has voiced against fraud and scam activities aligned with Initial Coin Offerings. During a seminar Mr.Ferguson discussed on the topic of Bitcoin and cryptocurrencies organized by Bank of England. Crypto experts have addressed Central bankers that the crypto revolution have overtaken the system which is in charge of preserving economic conditions of State.
The blockchain has been an interesting topic for a quite long. Under this system, the digital information will be distributed but is not copied. Blockchain started embellishing the moment bitcoin came into the picture. While Bitcoin is initiated by anonymous person named Satoshi Nakamoto.
With the main intention to prevent money laundering and illegal activities, South Korea's biggest crypto exchange, Bithumb has banned crypto trading in 11 countries. The Bithumb has decided to impose ban on North Korea, Iran, Iraq, Sri Lanka and other seven countries scrutinized by the NCCT Initiative.
Demonetization and the announcement of SBI banking Charges. These two initiatives are Indirectly supports to ncrease the online transaction, and in another side, this will cause growth for bitcoin investments In India.
It operates for releasing a new cyrpto coin by selling a crypto token to the public or investors in blockchain. This trending tokenized system growing as an easy fund-raising method for projects as just like crowd funding.
An ICO is a sale of a brand-new cryptocurrency, better known as an ICO in blockchain-based business circles. Recently, the elation of Intial Coin Offering and their ability to raise money in short period has provide some extraordinary business opportunities for entrepreneurs in the blockchain industry.
People out there creates tokens for prayer, to utilize the garbage, to order quality sand and some meaningless purposes. Remember Creating tokens for meaningless projects will lead you to scam people!