Is LCO virtual currency
1. The IPO project issues shares of the company, the main body of the issue is the legal person of the company, the legal currency raised, such as US dollar, RMB, etc., and the funds raised are used for all kinds of proction and operation activities; The ICO project issues "coin", the main body of which is the developer of digital currency project, and the fund raised is the existing digital currency
IPO projects often take a long time and go through a series of cumbersome proceres. It may take six months to complete the whole IPO process, which is not included in the preliminary planning stage; The ICO project does not need to go through complicated proceres. The whole ICO project is completed online, investors invest online, and project issuers raise funds online. The efficiency is very high and the progress is very fast 3. Regulatory audit
IPO can only be issued after the regulatory body has passed the audit, and the relevant laws are sound; However, ICO does not need to be reviewed by regulatory agencies, because ICO as a new thing grows too fast, regulators can not keep up with its pace of development, and the relevant laws are not perfect
4. Cross border financing
the financing of IPO projects is often limited to a country or a region and supervised by regulatory agencies; The ICO project is online financing, and its technical basis is blockchain technology, which has the characteristics of decentralization and unconstrained
5. Investor income
for investors, when investing in ICO projects, investors buy "tokens" with their digital currency. When "tokens" are successfully listed, their prices will fluctuate greatly, and investors can sell them at high prices for profits; When investing in an IPO project, the company's stock price usually rises sharply after it is listed and traded, and it can also profit from the price difference
6, equity, decision-making power
the shares issued by IPO are not only an investment target, but also represent a certain proportion of equity. Equity means decision-making power, and shareholders have the right to speak and make decisions on major decisions of the company; However, ICO is a pure speculative proct, and profits from its price fluctuation. The investors holding "token" do not have the decision-making power or influence on the project
source of reference: Internet ICO
source of reference: Internet IPO
Letter of credit (L / C) refers to a written guarantee document issued by the issuing bank to a third party at the request of the applicant and in accordance with its instructions, which contains a certain amount of money and makes payment against the specified documents within a certain period of time. Letter of credit is the most important and commonly used method of payment in international trade
The specific operation process is as follows:1) both parties reach a contract
2) the importer applies to the bank to open L / C
3) the issuing bank gives an L / C opening order to the exporter's Bank
4) the advising bank informs the exporter that l / C has arrived, The exporter shall collect the L / C from the advising bank within the specified time limit. The exporter shall ship the goods within the specified time limit according to the L / C. The exporter shall prepare the documents required in the L / C and present the documents within the specified time limit. The exporter's bank shall pay the payment to the exporter in advance. The exporter's bank shall send the required bills of exchange to the importer's Bank. The importer's bank shall repay the exporter's Bank The importer's bank requires the importer to pay for the goods
in the catalytic cracking unit, LCO is recycle oil, that is, catalytic diesel, and HCO is recycle oil, that is, recycle oil
then, some games may have problems when running on a certain type of graphics card, such as poor running efficiency, splash screen, or even unable to run. At this time, it depends on the graphics card driver to solve, of course, is to update the catalyst driver. A newly launched graphics card, with the driver constantly updated and improved, its performance will be improved to a certain extent.