Everything You Wanted To Know About Initial Coin Offering (ICO) by bit finite

ICO commonly referred to as initial coin offering is an unregulated way of fundraising the capital for a new currency venture. An ICO fund raising mechanism is generally used by start ups to avoid the arduous and stressful process of raising capital required by capitalists. Although ICO is a new buzzword in the town, but it has become the main topic of discussion with in a short span of time.

ICOs are more like IPOs and crowdfunding. Like IPOs, a stake of the startup or organization is sold to fund-raise to initiate the organizational activity amid an ICO operation. In any case, while IPOs is related to the financial investors, ICOs are supported by the group of digital currency supporters who are keen to invest in new ventures and crowdfunding events. Moreover, ICOs vary vastly from crowdfunding in the sense, the supporters of the IPOs invest in the hope that they will get good return in the future, while in the case of ICOs funds raised by supporters are basically a donation, because of this reason ICOs are generally referred to as crowdsales.

It has been mentioned above that Initial Coin Offerings is one of the most simple and efficient way for companies and individuals to raise fund for their projects and for users to invest in projects they see worth in by Lending ICO. The one who is offering ICOs set a particular time limit and in which everyone is allowed to purchase newly issued cryptocurrency.

There are plenty of cryptocurrency communities present on the internet who inherits and develops the technological platforms which supports Bitfinite lottery Platform. With open source peer to peer platform, it accelerates all the transactions rapidly, minimal risk, and does not involve any third parties. Each platform has a transparent road which enclose information from registration to the lending strategy and release of cryptocurrency. These trading platforms allows customers to create their own digital wallets which are highly secured and best way for Bitfinite Market place.

These trading platforms use Blockchain technology to ensure all investors are having the safe and secure trading of ICOs on that platform. One of the best part about these decentralised platform is, it completely remove the involvement of any third party and bring the transparency in deals between the investors. Lending programs offered by ICOs also allowed investors to breach the contract when the lending look period is reached.

Lastly, there can be a specific time limit for funding project. Every single coin has pre-decided price structure and the price will not change during the Initial Coin Offering period, which also means that the coin supply is limited.

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