BlockToken
Website:
Status:
Announced pre-sale
Token:
BLT
Start:
End:

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A new way of raising funds for startups that displaces traditional angel investors and venture capital funds.

An Initial Coin Offering, also known as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It is occasionally described as being similar to an Initial Public Offering (IPO) where a company sells shares to the public and lists on a stock exchange. However, the key distinction being that the majority of token offerings do not consider themselves an issue of securities and usually ICOs are undertaken to provide funding to build a new product.

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