Position: Home page » Currency » What does digital currency ICO mean

What does digital currency ICO mean

Publish: 2021-03-26 01:01:55
1. ICO is actually the instry term of blockchain. It is the abbreviation of initial coin offering. It is the concept of initial public offering (IPO) derived from the stock market. It is the first time that blockchain projects issue tokens to raise bitcoin, Ethereum and other common digital currencies.
2. Bitcoin is a kind of virtual digital currency proposed by Nakamoto in 2009. It is characterized by no centralized issuing institution and a fixed total of 21 million pieces. It is not a one-time issue and needs to be proced by miners. Due to the decentralized structure, trust needs to rely on cryptography and consensus mechanism technology to achieve
blockchain is a general technology derived from bitcoin. It implements a decentralized database model. Bitcoin can be called blockchain 1.0 because it has no concept of smart contract. The key technologies of blockchain include cryptography encryption and decryption and consensus mechanism. Blockchain is generally used to combine with specific business logic, which needs to rely on smart contract, which provides an execution mode free from human interference
the IPO of ICO originates from the concept of initial public offering (IPO) in the stock market. It is the behavior of blockchain project to issue token for the first time, raise bitcoin and solve Ethereum and other common digital currencies.
3.

ICO (abbreviated as initial coin offering) is the concept of initial public offering (IPO) derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other general digital currencies

brief introction to ICO:

ICO is a blockchain instry term, which is a common way to raise funds for cryptocurrency / blockchain projects. Early participants can get the cryptocurrency generated initially as a return

because the token has market value, it can be converted into legal currency to support the development cost of the project. The tokens issued by ICO can be based on different blockchains. The common issue is based on Eth and BTS blockchain, which provides bookkeeping service and value consensus to realize global issue and circulation

ICO participants are very important for the success of a project. They will publicize the blockchain project in the community, so that the tokens generated by it can obtain liquidity before the transaction starts. However, the most important value of ICO participants is still the potential benefits brought by the project development or the price appreciation after the token issue

extended information:

domestic prohibition:

at 3:00 p.m. on September 4, 2017, the people's Bank of China led seven ministries and commissions, including the Information Office of the people's Bank of China, the Ministry of instry and information technology, the State Administration for Instry and commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, to issue the announcement on preventing the financing risk of token issuance (hereinafter referred to as the announcement)

the announcement points out that token issuance financing is essentially an unauthorized illegal public financing behavior, which requires that all kinds of token issuance financing activities should be stopped immediately from the date of the announcement, and at the same time, organizations and indivials who have completed token issuance financing should make arrangements such as refund

4. ICO = initial coin offering. It refers to a way that blockchain project entrepreneurs raise funds from digital currency investors by issuing token. Contributor: bitewang
5. The coin circle is about the issuance, trading, speculation and all related activities of digital currency (virtual currency), as well as the indivial users or institutions involved. The common digital currencies are bitcoin, Leyte coin, etc. here bitcoin is the most heard by people, and many people participate in the trading of bitcoin at ordinary times. Bitcoin was proposed by Nakamoto in 2008. The total number of bitcoin is only 21 million, and its issuance does not depend on any organization. With the continuous mining of bitcoin, it will be more difficult to generate bitcoin in the future, and the cost of acquiring bitcoin may be higher than the price of bitcoin itself
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
6. It's virtual currency
7. < UL >
  • ICO has two important meanings

  • ICO is the icon file format of windows. Icon files can store icon files of single pattern, multi size and multi color board. An icon is actually a collection of images in different formats, and also contains a certain transparent area

  • ICO (abbreviated as initial coin offering) is an IPO concept originated from the stock market. It is a behavior of blockchain project to issue token for the first time, raise bitcoin, solve Ethereum and other common digital currencies

  • 8. ico
    a&358;618; k&351;601;&35; 650;] [&35;39; a&358;618; ko&35; 650;] < br />n. "26631;
    9. The team leader adds a small whale bonus, collects the members' mines, records the quantity and type of minerals of each miner, and has such tools. Then the team leader is responsible for pulling mines and selling them to guitars, and the team leader receives 10%.
    10. You're playing the revenge super version of Yuri...
    in this version, Yuri's troops strengthen their attack power, especially the crazy orcs (that's what you call the crazy people!)
    in fact, it's not the original version, but it was released after some computer experts modified the original program...
    I've done it on Xunlei. It's a hard disk installation program...
    there's another one, mod... It's a very small compressed package. Just decompress the files in the compressed package into Yuri's Revenge folder (if you are prompted with the same file name, Choose all!)
    in addition, only red alert and Yuri's revenge are the original version of Red Alert 2, and the others have been modified. After mod is added, there are new units, and there are countless versions< br /> http://www.cnra2.cn/Soft/mod/200602/122.html
    recommendation:
    Red Alert: Tiberium war, great wall of steel, crazy version of technology era (crazy! Like you said, Troops are on the way
    Yuri's Revenge: dragon dance, the ultimate era
    I download all of them from this website. Mods are very complete. If mods are in a special area, you will see it... Maybe you should search on the Internet. There will be a big surprise
    Hot content
    Inn digger Publish: 2021-05-29 20:04:36 Views: 341
    Purchase of virtual currency in trust contract dispute Publish: 2021-05-29 20:04:33 Views: 942
    Blockchain trust machine Publish: 2021-05-29 20:04:26 Views: 720
    Brief introduction of ant mine Publish: 2021-05-29 20:04:25 Views: 848
    Will digital currency open in November Publish: 2021-05-29 19:56:16 Views: 861
    Global digital currency asset exchange Publish: 2021-05-29 19:54:29 Views: 603
    Mining chip machine S11 Publish: 2021-05-29 19:54:26 Views: 945
    Ethereum algorithm Sha3 Publish: 2021-05-29 19:52:40 Views: 643
    Talking about blockchain is not reliable Publish: 2021-05-29 19:52:26 Views: 754
    Mining machine node query Publish: 2021-05-29 19:36:37 Views: 750