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What Is ICO and What Is It For?

What Is ICO and What Is It For?

17 Oct 2023 ◦ 6 min read
font -weight: 400;">The abbreviation ICO stands for Initial Coin Offering. During the ICO, the project team sells digital tokens for cryptocurrencies or fiat money among investors. Later, these coins can be used on the project platform as an internal currency or traded on exchanges. Also, the term “сrowdsale” is often used instead of ICO.

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