ICO (Initial Coin Offering), What does it mean?

ICO (Initial Coin Offering) is an acronym word as many others used in the cryptocurrency jargon.

Definition of ICO (Initial Coin Offering)

An ICO is an initial coin offering, like an initial public offering (IPO), or float, in the stocks and shares world. An ICO is where new cryptos are sold to investors for the first time.

See more: Cryptonyms glossary