Ethereum 15 billion
IPO is the initial public offering of a company. After IPO, the company can go to the securities exchange market for listing. Of course, there are various regulatory enforcement before and after the IPO, and the whole process is completed in reality
the difference of ICO is that the public offering party can be an indivial, a company, a community, or an institution. After the offering, it is listed and traded on the online virtual currency trading platform, such as smart star Witkey, XX eight, XX one proct, etc. the whole process is completed on the Internet
virtual currencies, such as bitcoin and Ethereum, have become fixed currency in circulation on the Internet, such as the US dollar in the real world. Most of the ICO process is not the project party selling its own equity, it should be said that it is the right to use, that is, the expected qualification of the future value of the proct
resources ICO internet post bar
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
behind the myth of ICO's sudden wealth: the financing game of licking blood with a knife edge
unless the Internet is cut off, the booming ICO cannot be isolated. The first batch of "water testers" have already made a lot of money, while the successors are just like passing the river
"a young man selling mobile phones in Shanghai invested in a blockchain ICO project with 200000 yuan given by his parents two years ago. In the first half of this year, he found that the account assets had soared to 6 million yuan; There is also a small private equity partner who has invested 30 million or 40 million yuan in several ICO projects in the past two years, and now the assets have reached 3 billion yuan. " On August 29, Sun Jie, a senior ICO player in Shanghai, revealed that a similar legend of sudden wealth is on the market every day
the reporter learned that when the hot degree of ICO has far exceeded the market imagination and caused the close attention of the regulatory authorities, the debate on the crime and punishment of ICO is also rampant. However, investors in the market turn a deaf ear to these voices, because in their view, if they don't really participate, they can't realize the stimulation and risk of ICO
what is the probability of ICO's sudden wealth? Take a look at the small ant coin ICO completed by Shanghai small ant technology
according to the search, as of August 25, Neo (prototermite stock) has increased as much as 282 times since the completion of ICO and online trading in September last year, and this rate of return far lags behind the success rate of IPO; The second ranked Shanghai quantum chain (qtum) launched its ICO on cloud coin in March this year. The issue price was 2 yuan. On the day of issue, the opening price was 66.66 yuan, up 33 times a day. After that, the price dropped all the way to more than 20 yuan, and then soared to about 57 yuan
the sharp rise and fall of ICO makes countless investors become excited and rush in regardless of everything. According to the report on the development of domestic ICO in the first half of 2017 recently released by the national Internet financial risk analysis technology platform, in the first half of this year, 65 domestic ICO projects have been completed, with a total financing scale of 2.616 billion yuan and 105000 participants. According to the analysis of instry insiders, the number of people participating in ICO is definitely more than 105000, conservatively estimated to be more than one million