How to Launch a Simple ICO on Ethereum


How to Launch a Simple ICO on Ethereum

There's a ton of questions and hype around ICOs in the blockchain world. Are they good? Bad? Who cares? Whatever your feelings are about them, it's important that they're launched in a smart and safe way. So join Jack for a quick explanation of what ICOs are, and a live coding demo of the best way to launch a simple crowd sale ICO.

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What is An Initial Coin Offering?

ICO is the abbreviation of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum. Since 2013 ICOs are often used to fund the development of new cryptocurrencies. The pre-created token can be easily sold and traded on all cryptocurrency exchanges if there is demand for them.

With the success of Ethereum ICO are more and more used to fund the development of a crypto project by releasing token which is somehow integrated into the project. With this turn, ICO has become a tool that could revolutionize not just currency but the whole financial system. ICO token could become the securities and shares of tomorrow.
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