What is the difference and connection between ICO and crowdfunding

1 thought on “What is the difference and connection between ICO and crowdfunding”

  1. Crowdfunding, that is, popular fundraising or mass funding, refers to the model of raising project funds to netizens in the form of pre -order. The crowdfunding uses the characteristics of the Internet to allow small companies or individuals to show their creativity to the public, strive for everyone's attention and support, and then obtain funds. The fundraising project is successful within the time of the initiator or exceeds the target amount. If it is unsuccessful, the funds will be returned to the supporters.
    ico (Initial Coin Offering) is a way to invest in cryptocurrency projects and is very popular. Generally, some new cryptocurrency projects will sell some platform tokens through ICO, and the early holders and enthusiasts of these tokens can replace the tokens for money one day. ICO is the best way to raise funds for the founder of cryptocurrency projects for the platform. Most ICOs raise funds in the form of Bitcoin or their competitive coins. For many currency enthusiasts, what reliable ICO platforms are their urgent concern at home and abroad, and what are the predicted platforms, please click "What are the original model websites of the blockchain ICO platform" and "Foreign abroad abroad" and "Foreign abroad" What are the well -known ICO platforms (with the latest list) "" "to learn more about details.
    The traditional crowdfunding method has a major difference from ICO, that is, market value. The products that appear on the crowdfunding platform, investors and buyers can accurately know its completion time.
    The investors with crowdfunding can compare it with other products in the market, and you can immediately know if this product is valuable and how much is it. In this way, you can clearly understand the problem of "money".
    ico is different. It is basically impossible to predict the results of the ICO, especially when the user does not know what the product will look like. ICO itself does not have any physical market value, which may lead to excessive underestimation or overestimation assets.

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