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What is ICO? How to start New ICO? And how much does it cost?

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ICO (Initial Coin Offerings) - Internet analogue of IPO: instead of shares of the company, tokens are issued - digital tokens. The release occurs on a specialized block-platform, for example Waves or Ethereum. Blocking is a chain of transactions built according to certain rules. Information in the chains can be rechecked, but can not be changed. Investors - platform users - buy tokens, paying for them with crypto currency - bitcoins or ethers, for example. Anyone can raise funds using ICO - the main thing is that the concept is liked by users. The value of the tokens is not guaranteed by anyone other than the company that issued them.

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