An ICO or Initial Coin Offering is a cross between an IPO (Initial Public Offering) and a crowdfunding campaign for a blockchain-based project, offering the project’s own coin in exchange for funds.
ICO
Related terms
- Rug Pull A rug pull is a crypto scam where a project's creators collect investors' money, then abandon the project and keep the funds.
- Cryptokitties The first viral use-case of non-fungible tokens (NFTs), Cryptokitties is a game where users collect and breed digital cats.
- IBC An acronym for inter-blockchain communication, IBC is the set of technologies that allow blockchains to communicate with one another.
- LPs Short for Liquidity Providers, LPs provide their tokens as liquidity on DeFi exchanges apps in exchange for receiving a percentage of the fees generated by…