initial coin offering
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English
Etymology
Based on initial public offering.
Noun
initial coin offering (plural initial coin offerings)
- A type of funding using cryptocurrencies.
- Synonym: ICO
- 2014 August 2, Daniel Cawrey, “The Promise and Pitfalls of Crypto Crowdfunding”, in CoinDesk, archived from the original on 2014-08-05:
- The idea of an appcoin is not without its critics, however, as the topic broaches the sensitive topic of how assets are pre-allocated by cryptocurrency projects. In the altcoin world, where the development team commonly keeps a certain share of the initial coin offering, this process is known as premining.
Translations
type of funding
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