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What is an Initial Coin Offering & its benefits

ICO or Initial Coin Offering is a kind of fundraising process launched by a third party exchange on behalf of a startup company or an individual who wants to raise crypto funds with their idea. The project will generally relate either to the blockchain technology or the cryptocurrencies, for example, coin creation, application development, and service-oriented processes. The buyers who are interested in the project purchase the offering with digital currencies and they receive a token specific to the project.


                                                                   Benefits of ICO

Greater Liquidity
When IPO was in use, there was a lack of liquidity for people seeking new investment options. Whereas in ICO, the investors can benefit from enhanced liquidity and the secondary market helps in real-time pricing based on the project’s current value.

Decentralization
Anyone can launch an ICO. One major attraction of ICO is that it is available to everyone and in particular when it accepts digital currencies. Decentralization aids ICOs through which a contributor can transfer money timely and hassle-free.

Openness
Besides being open to all, the contributors are able to invest at any time in ICOs. Early investments are worthy since the contributors can focus only on the forthcoming ICOs and be ready to purchase tokens immediately after the launch.

Blockchain Firm is a leading company that offers readymade ICO dashboard Script Development Services to its clients and paves the way for efficient investors to buy the offering using digital currencies.

For more information please visit: http://bit.ly/2K3xYR8

live chat https://lc.chat/now/10480532/ 
Telegram link https://t.me/blockchainfirm
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  1. Crypto Wallet SupportSeptember 3, 2021 at 2:58 AM

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