What Is An ICO or Initial Coin Offering? by Amy Wan, Esq., Founder of Bootstrap Legal
Amy Wan, Esq.: An ICO is an Initial Coin Offering. Some people also call it a token sale. But basically it is folks who are going out, they are creating a new company or project or something in the blockchain space. They are basically selling or releasing a limited (sometimes limited) supply of tokens and people buy those tokens and those tokens represent different things. It might be equity, it might be shares of a fund, it might have some sort of utility or use to allow them to use that platform.
Question: Have you participated in an ICO?
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