Security Token Offering

An Initial Coin Offering, also commonly referred to as an  ICO , is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It is somehow similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. This form of blockchain fundraising has existed since July 2013. Over the last two years, the ICO model has been used by hundreds of organizations to raise billions of dollars. ICOs are booming despite the price collapse of cryptocurrencies and the volume reached new record highs in the first half of 2018. However, ICOs (for now) have a sordid history and little regulatory insight. Investors are often buying coins or tokens for a project that does not even fully exist yet. In most cases, the team will have some degree of code to show what the project will look like. However, there is no guarantee of projects ever being completed or even being embraced by mainstream users. This is a risk peop