Glossary term

Initial coin offering

Similar to Crowdsale, provides blockchain with a one-time event allowing investors to buy tokens at a discounted rate and provide the chain with start-up capital, similar to an…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Similar to Crowdsale, provides blockchain with a one-time event allowing investors to buy tokens at a discounted rate and provide the chain with start-up capital, similar to an IPO in the stock market.