Is ICO financing or buying virtual currency

1. ICO is very similar to IPO in form and final result
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

2. It is forbidden in China, but some countries in the world recognize it. For example, Singapore is now the best choice for ICO
from the subject of registration to the later legal services, they are relatively perfect
if you want to know more about it, please look at my name and make a friend

3. Virtual currency is a kind of high-risk and high-yield investment and wealth management procts. There is no most profitable project, only the project that makes no loss. That is pyramid selling. At present, virtual currencies with investment value include bitcoin, Laite coin, Fuyuan coin, doggy coin, Ruibo coin and so on. Bitcoin is the originator of digital cryptocurrency, with the highest market value, attention and popularity. Moreover, bitcoin related companies have obtained billions of dollars in financing, and also have a certain share in the payment field; Lightcoin is the ancestor of Shanzhai coin and an unsuccessful test of bitcoin, but its popularity is second only to bitcoin; Fuyuan coin is the main application, and its future application scenario is the business points of jewelry business, which is the best of the three kinds of token, supported by large jewelry groups; Dog coin is a kind of counterfeit coin that is well done in marketing. It has a certain competitiveness in the small reward and charity donation market; Reborn took the route of cooperation with the government and traditional financial institutions, and obtained more than US $30 million in financing.

4. So far, there is no official news about whether the virtual currency ICO token is a financial fraud, which indicates that the rumor may be untrue
rumors are not credible. You must pay attention to the official news or go to the official to find out
official news is the mainstream.

5. The so-called ICO, also known as the initial public offering of coins, takes bitcoin as the raising object. The project leader issues encrypted tokens to unspecified investors to finance the project. With the growth of beauty, social networking, Baijiu, athletics and other "wonderful" ICO projects, the bitcoin, represented by virtual currency, is also soaring. In April this year, bitcoin started to rise all the way from 6000 yuan. In August alone, bitcoin has set a new high price nine times, rising to 30299.99 yuan<

blockchain has existed as early as ten years ago

fundamentally speaking, the popularity of ICO cannot be separated from the support of bitcoin and other virtual currencies. In the case of "90% of ICO projects are unreliable", no matter what the ICO market is, even bitcoin and other virtual currencies, which are the objects of fund-raising, have been criticized for a long time

6. If you have spare money, you can go to the okex platform to open an account, smash it in and do a long-term job. You don't have to care about the rise and fall in the middle. This requires you to have a good attitude or make a fixed investment every month.

7.

On September 2, it was reported that on August 21, the central bank headquarters received the relevant emergency report. The report analyzed in detail and clearly pointed out that from the perspective of penetrating supervision with substance more important than form, ICO belongs to illegal fund-raising in disguise

according to the lover quoted, relevant people of the central bank have studied a large number of ICO white papers and come to the conclusion that "90% of ICO projects are suspected of illegal fund-raising and subjective and intentional fraud, and less than 1% of the ICOS that actually raise funds for project investment."

ICO is the full name of initial coin offering, short for the first public offering of digital token, which imitates the IPO (initial public offering) in the stock market. That is to say, the project sponsor can obtain financing by issuing initial token through blockchain technology, but the initial token cannot be purchased in legal currency (RMB, US dollar, etc.), because it violates the laws and regulations of various countries on financing, and needs to be purchased with digital assets with good liquidity such as bitcoin and Ethereum

Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and director of the digital currency Research Institute, pointed out in an article a few days ago that the current ICO is at the edge of legal supervision. Starting from the system construction, we should give the ICO a legal statement as soon as possible. He suggested that the implementation of sandbox supervision on ICO (in a "safe space", financial technology enterprises can test their innovative financial procts, services, business models and marketing methods, instead of being immediately subject to regulatory rules when related activities encounter problems)

On August 16, Huo Xuewen, director of the Beijing Municipal Bureau of finance, also said in an internal closed door talk that Internet finance, blockchain and ICO can only have vitality if they develop in accordance with laws and regulations, and any violation and abuse will be punished

"the national financial work conference made it clear that all financial activities should be regulated. All activities of "managing other people's money" should be subject to supervision. Blockchain innovation, Internet finance innovation, ICO innovation, but if you do not control the risk, then all the innovation will go to its opposite. If the traditional financial risk is 1.0 and the Internet financial risk is 2.0, the current blockchain and ICO risk is 3.0. " Huo Xuewen said at the meeting

8. Where are you in Beijing<

bus from Beijing downtown to Shunyi

915 (Dongmen Shunyi bus station)
Dongmen Zuojiazhuang Sanyuanqiao Lido Hotel Dashanzi caochangchang (Jingshun Road) - Beigao farm Sunhe Beidian maliandian gas station hualikan lasuying blacksmith camp huoshenying kuliushuhuan Kuliushu majiaying Nanfaxin meigou Ying - Shunyi No.2 Middle School - Shunyi Ximen - Party School - Shengli community - east entrance of Bianmin Street - Shunyi Hospital - Dongfeng primary school - wulicang - wulicang East Station - Senior Apartment - Rainbow Bridge (Chao new bridge) - south entrance of Binhe community (Shunyi) - Rainbow Bridge (Chao new bridge) - North entrance of Binhe community (Shunyi) - Dongdaqiao Huan (Shunyi) - Shunyi bus station

915 Road branch 3 (Dongmen Huiyuan) Juice)
up: Dongmen Zuojiazhuang Sanyuanqiao Lido Hotel Dashanzi caochuang (Jingshun Road) - Beigao farm Sunhe Beidian maliandian gas station hualikan lasuying blacksmith camp huoshenying kuliushuhuan lanzhuang yamen Village Mapo Instrial Zone Mapo station Mapo garden Xiangyang Village (golf course) - Sangao Demonstration Park- Houtuan - Maxinzhuang - Qianlu - qianliwu - Beixiaoying (Shunyi) - Huiyuan Juice
down: Huiyuan Juice - Beixiaoying (Shunyi) - qianliwu - Qianlu - Maxinzhuang - houtuan - Sangao Demonstration Park - Xiangyang Village (golf course) - Mapo Garden - Mapo Instrial Zone - yamen Village - lanzhuang - kuliushuhuan - huoshenying - blacksmith camp - lasuying - hualikan - gas station - malikan Liandian Beidian Sunhe farm Beigao caochangchang (Jingshun Road) - Dashanzi Lido Hotel Sanyuanqiao Zuojiazhuang Dongmen road 918 (Dongmen Pinggu new station)
Dongmen Zuojiazhuang Sanyuanqiao Lido Hotel Dashanzi Sunhe maliandian gas station hualikan lasuying blacksmith camp huoshenying kuliushuhuan nanfa Xin - wulicang - Senior Apartment - caihongqiao - Binhe community (Shunyi) - Dongdaqiao Huan (Shunyi) - Chao Cemetery - Fengbo - Yongjun Station - Hebei village - Nancai - Caiyuanzi - Yangzhen Sanjie - Yangzhen - zhuang - Shaling granary - Shaling - Xinggong - liangshanzhuang - Zhangzhen - Shuangying - Yunfeng temple - Guanzhuang Daokou - Daxingzhuang - lugezhuang - yuegezhuang - Yingbin Huan - Pinggu District Medical Center Courtyard - farmers market - Ginza - North Community - South Community - Binhe community (Pinggu) - dongsiqu - Pinggu District Government - Fire Brigade - Pinggu new station

918 Road Branch (Dongmen - Jinhaihu)
Dongmen - Zuojiazhuang - Sanyuanqiao - Li Hotel - Dashanzi - Sunhe - huoshenying - Nanfaxin - Shunyi long distance Station - Senior Apartment - Binhe community (Shunyi) - Dongdaqiao ring Island (Shunyi) - Chao cemetery Fengbo Yongjun station Hebei village Nancai yuxinzhuang Caiyuanzi Yangzhen Sanjie Yangzhen zhuang Shaling granary Shaling Xinggong liangshanzhuang Zhangzhen Shuangying yunfengsi Guanzhuang Daokou Daxingzhuang town government Daxingzhuang lugezhuang yuegezhuang Yingbin Huan Pinggu District Hospital Pinggu farmer's market Yinzuo Beixiao- South Community Binhe community (Pinggu) - dongsiqu yuantiani Qianlima Huan fire brigade Pinggu new station shangzhai xilijin Zhangxinzhuang fengtaikou lehe Xinli village Huzhuang Hanzhuang Shangzhai Jinhaihu

no.918 Express (Dongmen Pinggu new station)
Dongmen Zuojiazhuang Sanyuanqiao Li Hotel Dashanzi Sunhe Huo Shenying - Nanfaxin - Shunyi long distance Station - Senior Apartment - Binhe community (Shunyi) - Rainbow Bridge - Yueliangwan - Fengbo - Hebei village - yuxinzhuang - Caiyuanzi - Yangzhen Third Street - Yangzhen - zhuang - Shaling grain depot - Shaling - Xinggong - liangshanzhuang - Zhangzhen - Shuangying - yunfengsi - Guanzhuang Daokou - Daxingzhuang town government - Daxingzhuang - lugezhuang - yuegezhuang - Yingbin Huan - Pinggu District Hospital - farmers' market - Ginza - North Community - South Community - Binhe community (Pinggu) - dongsiqu - yuantiani - Qianlima Huan - Fire Brigade - Pinggu new station

923 Road (Dongmen - Wuxiong Temple)
Dongmen - Zuojiazhuang - Sanyuanqiao - Li Hotel - Dashanzi - Sunhe - maliandian - gas station - hualikan - lasuying - blacksmith camp - huoshenying - kuliu Shuhuan Island - Nanfaxin - Dongfeng primary school - Dongdaqiao Huan (Shunyi) - Chao Cemetery - Fengbo - Hebei village - Nancai - weixinzhuang - goubei village - lisui orthopedic hospital - lisui - Ligezhuang - yanjiaqu - wangezhuang - beiwukou - chenxinzhuang - guojiajia - yinjiafu - dashungezhuang - Xixinzhuang - gujiazhuang - Xiaotang village - Wuxiong Temple

924 Road (Tuqiao - Shunyi) Station)
Tuqiao - siding factory (Tuqiao City railway) - yingxijiayuan - xiaojienankou - Xiaojie - yunjingli - greyaju - Xinhualian Jiayuan - Beijing Machinery Factory - Yangzhuang - Xinhualian Jinyuan - Beiyuan (Tongzhou) - TongZhou Ximen - Xidajie - Yindi - Xinhua Street - TongZhou Dongguan - Beiguan Huan (Tongzhou) - luxiyuan - Beimazhuang - Fuhao - shuangbutou Daokou - xuxinzhuang - Gang Zilu Kou Yaoshang Zhangxin Yinggezhuang Yanhe Lu Kou Liqiao Liqiao town government Houqiao shanzifen Huiyuan Group Linhe Development Zone pinggezhuang Chengxiang building Cangshang Shunyi Park Shunyi bus station (Dongmen chawu railway station)
Dongmen Zuojiazhuang Sanyuanqiao Lido Hotel Dashanzi caochuang (Jingshun Road) - Nong Chang - Sunhe - Beidian - xinzhuang - sishang Gucheng - Yuzhuang - Nanwang road - Xiwang road - Gaoliying - north entrance of Gaoliying - xishuiquan - Hezhuang - Houying - Xiaxishi - Fangezhuang - Shunyi pesticide factory - nanshicao - beishicao - sishang - Lijiashan - Railway Daokou - Qiaozi - chawu railway station Yuanli sanyuanan Maizidian West Street wuligou xiaojunmiao Fangyuan west station fangyuanli wangyefen Dashanzi Sunhe blacksmith camp houshayu West houshayu town Houshayu east station Yuma training field ximagezhuang zhangshanzhuang houjiahe village xiaxianying nanlangzhong Xixiaoying (Shunyi) - jishanying Beilangzhong qiansangyuan housangyuan Dongxinzhuang- Sishang bridge - sishang village committee

945 Road (Shahe Shunyi bus station)
Shahe - Beidaqiao - luzhuqiao - Guoxing Electronics - Fengshan intersection (College of science and Technology Management) - songlanbao - dongshatun (China Information University) - Baishan town government - Baishan Beikou - Aviation Museum - Asuwei - Xiaotangshan Telecommunication Bureau - Xiaotangshan JIEKOU - Xiaotangshan town government - Daliushu Huan (Changping) - Jiuhua villa daliren villa Dadongliu laimazhuang Gaoliying yanjiaying zhangxizhuang dongmagezhuang wenyuying lanzhuang xihaihong Shunyi Ximen Party school Bianmin Street Xikou Guotai building Shunyi District Hospital Dongfeng primary school Shunyi bus station TV Station Shunyi Park Dongfeng primary school Shunyi Hospital East entrance of Bianmin Street Shuangxing community Shuangxing bridge Fengqiao villa Mapo intersection Xiangyang Community Niulanshan community Niulanshan Niulanshan Daokou Fangezhuang chenezhuang zhaoquanying town government Beilangzhong Beilangzhong gas station starch factory Banqiao Banqiao gas station Hezhuang Houying Xiaxi City Shangyuan Taolin Xingshou Xiangfang Qincheng intersection Nanzhuang cuicun daxinfeng Mianshan jinjiafen Xinzhuang sihezhuang Nanshao Dongguan University of political science and law Nandajie Minghuang wax Palace Branch Road (Shunyi bus station Minghuang wax Palace)
Shunyi Bus Station Dongfeng primary school Shunyi County Hospital Shuangxing community Longyuan villa Racecourse- Xiangyang Community - Niulanshan - Niulanshan Daokou - Fangezhuang (Niulanshan) - zhaoquanying - Beilangzhong - Dianmu factory - Banqiao - Hezhuang - Jiefang village - maizhuang - Xincheng - Shatuo village - nanzhuangying - daxinfeng - jinjiafen - sihezhuang - Nanshao - Changping Dongguan - University of political science and law - South Street - Minghuang wax palace
970 Road (Dongmen - Miyun bus station)
Dongmen- Zuojiazhuang Sanyuanqiao Lido Hotel Dashanzi Sunhe maliandian gas station hualikan lasuying blacksmith camp huoshenying Kuliushu Huan Nanfaxin Dongfeng primary school Dongdaqiao Huan (Shunyi) - Fengbo haojiading Beixiaoying (Shunyi) - shangnian weijiadian Yantou Mulin tangshan Jiashan Diaoyutai (Miyun) - Xiatun Zhongzhuang Henan Zhai - Miyun town - Miyun bus station

989 Road (Sihui Station - Mapo station)
Sihui Station - Chaoyang Road - Chaoyang North Road - Dougezhuang (yaojiayuan Road) - yaojiayuan - bungalow - east entrance of bungalow - gaoyangshu - Dongba Garden - tieshi6th Bureau - Dongba - donggangzi - louzizhuang - louzizhuang township government - caogezhuang (Chaoyang) - picun Xikou - picun - Yingezhuang Xikou - Yingezhuang Dongkou - Zhaili - Gequ - xiaogequ - Mudan Garden - Banbidian (Liqiao) - Liqiao - Linhe - pinggezhuang - Shunyi District Hospital - Bianmin Street - Mapo station

9. ICO, the full name of which is initial coin offering, is a bit like IPO in securities issuance. The difference is that IPO is for enterprises to raise funds from the public for development, ICO is for enterprises to raise virtual currency from the public for development. The advantage of this is that it can bypass some existing legal provisions and make it more convenient to raise funds. At the same time, it also gives ordinary people the opportunity to participate in the investment of early projects
nowadays, these projects focus on the platform specially built for ICO projects. For example, coin long.com, ico365 and icoage are similar to "stock exchanges". There have been 43 similar platforms since April this year, most of which were used to do virtual currency trading or equity crowdfunding
the reason why Zhu Bo, founder of dream chaser fund and founder of innovation Valley, thinks that most of the projects are unreliable is that he personally heard that the blockchain project he refused to invest in is going to launch ICO
the other party hopes Zhu Bo can work in ICO for his project. Knowing the risks of the project, Zhu Bo refused. Unexpectedly, the other party said, "Mr. Zhu, it's best to have your endorsement, but without your endorsement, we can get money through ICO. Everyone in this circle now has a lot of money. " After contacting several such projects, Zhu Bo learned about the chaos in this circle
ZHU Bo is not the only one who feels the same. Du Jun, CEO of Golden Finance and co-founder of huocoin.com, has been in touch with a large number of ICO projects since April. He found that many teams are young people. They take a business plan and have nothing else. There are problems in the business plan, so they want to earn money through ICO. What bothers Du Jun now is that every day he is asked if he has invested in a certain project, and he has never heard the name of the project
"the more in-depth understanding, the more I take a breath." Zhu Bo sighed in the circle of friends. "I believe that the huge bubble of ICO will definitely be broken in a year. Because most of the companies that are issuing ICO today, most of the projects and companies are not optimistic about the current mainstream investors, and those poor ICO outlets are totally unaware of the quality of the projects and the company, and they are crazy to receive the issuance Commission. I remember how many investors who lost their P2P and share crowd financing years ago. And the boom of bobbitcoin and the flooding of ICO really make me feel that the stock market crash in 2015 and 2016 will be repeated on ICO and bitcoin. "
the burst of equity crowd financing has impressed Zhu Bo deeply. During 2014 and 2015, equity crowdfunding was also popular, but most of them closed down later“ This is because this financing method has a hard wound: first, investment institutions are not willing to crowdfunding excellent projects because they want more investment and higher returns; Secondly, good projects are not willing to crowdfunding themselves, because they are not willing to be too decentralized. " Zhu Bo analyzed Netease technology and added, "the current ICO is very similar to the equity crowdfunding of that year."
a real scam

10. In short, it is the initial issue of a new digital currency. There are detailed solutions on the Internet, you can go and have a look!