In order to raise funds and help increase awareness of their coin prior to launch, many projects choose to organize initial coin offerings – ICOs. Such coins usually have a utility purpose connected to products or services the developers are providing, or they may grant holders a stake in the project.
The downside of ICOs is they’re unregulated, so many turn out to be fraudulent. And in many other cases, buyers won’t see an adequate return on investment. Still, ICOs have their place in the crypto industry, so we are covering ICO news to bring you up to date on both the good and the bad. In addition, you might find our ICO calendar to be useful, which we regularly update.