What is ICO (initial coin offering) ?

As the crypto industry has evolved and matured over the years, several innovative approaches to fundraising have emerged. What began with the ICO (initial coin offering) boom in 2017

 and later the IEO (Initial Exchange Offering) is now centred around the IDO or Initial DEX Offering – a new type of decentralized and permissionless method for crowdfunding. 

While ICOs were initially all the rage in the crypto space, they were frequently plagued by issues such as a lack of governance and investor protection. 

Several ICO projects guaranteed substantial returns to lure investors, but the majority of them turned out to be scams. 

They also tainted the image of the cryptocurrency sector, discouraging many new investors from jumping on board.