Tokens, Supply & Launches

Initial Coin Offering (ICO)

Also: ICO

A fundraising method in which a project sells new tokens to the public, usually for established cryptocurrencies. The 2017 ICO boom produced some real projects and a great many failures and frauds, and led to regulatory crackdowns. Compliant, platform-run token sales have since returned.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.