It refers to the initial offerings of the cryptocurrency known as the Initial Coin Offerings (ICOs) to a private pool of the investors before it officially goes into the market. They are a very important mechanism in the early stages of all the new cryptocurrencies. As they occur at the very early stages of the crypto projects development, they serve as a great method to judge if a project will be successful.
« Back to Glossary IndexToken Sale
« Back to Glossary Index