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An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.
Altcoins, as alternative currencies to Bitcoin. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.
That’s ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here’s what I’ll cover:
0:38 – What are altcoins?
0:56 – Why do we need altcoins?
1:49 – How to evaluate altcoins?
3:56 – What is an ICO?
5:36 – The Ethereum ICO
6:23 – A disastrous ICO example
6:52 – ICO caveats
9:34 – How to evaluate an ICO?
10:30 – Conclusion
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For the complete text guide on ICOs visit:
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