cryptocurrencies and ICO

Singapore
August 25, 2017 9:05am CST
Hi recently I see a lot of posts online about cryptocurrencies and ICOs. Companies are giving out free cryptocurrency tokens for people who signed up under their websites. I'm told that these tokens are worth a certain value of money and they will be be credited into my account after their initial coin offering and I can sell it in exchange for bitcoin. These companies are offering good referral programs and I thought there is no harm trying since no investment is required. I will just wait until after the ICOs and see if I get the tokens. If you are interested, send me a message and I can share with you the link. Do you have any experience with cryptocurrencies and ICO? How do they work exactly?
2 people like this
1 response
@louievill (15557)
• Philippines
25 Aug
I am into bitcoins and other altcoins but have never tried icos or initial coin offereings. Its similar to IPO in stock exchange where shares are offered to the public for the first time before they are listed. They are in the form of tokens to raise funds for the coin project, that are usually bought using Ethereum or bitcoins. They have very low value at first but investors hope that the value would go up when accepted or adopted by the community. I'm not sure what tokens they would give you and it might be a very small amount, since they are new coins I hope you have the wallet to hold them. My knowledge of ICOS are still very limited.
2 people like this
@iridion9 (1840)
• Philippines
26 Aug
Oh very good example. Wha tis the definition of ICO ?
1 person likes this
@louievill (15557)
• Philippines
26 Aug
@iridion9 initial coin offering
Open main menu Search Initial coin offering (ICO) is an unregulated means of crowdfunding via cryptocurrency.[1] The term is often confused with 'token sale' or crowdsale, which refers to a method of selling participation in an economy, giving investors ac
1 person likes this
@iridion9 (1840)
• Philippines
26 Aug
@louievill Aaaah, thank you for answering.
1 person likes this