ICO is an acronym of a rather difficult to translate into Polish phrase - Initial Coin Offer or "original coin emission".
ICO is a source of social financing for start-ups (newly established enterprises or organizations that are on the lookout for their business model to provide more lucrative development) by collecting the assets from the market by using virtual tokens or newly created cryptocurrencies. It can be said that this is still gaining popularity and modern method of crowdfunding (social financing). Initial Coin Offering allows to raise funds for the realization of the project at the stage of a mere idea. It is based mainly on a business model, written in a form of a multipage document, the so-called White Paper.
WhitePaper is an inseparable element of ICO. It is its business plan playing a role that can be compared to the role of prospectus in the case of shares. WP often contains the so-called roadmap, where we find a detailed range of future activities (realized in stages at a specific time), which in the future are designed to achieve an intended business goal.
It is worth highlighting that despite the fact that Initial Coin Offering is very popular, all issues connected with it are still not regulated by law in many countries in Europe and in the world (including Poland). You will find more about the ICO and its technical aspects and considerations in the ICO News category. It contains interesting information about the world of digital assets, with special emphasis on the subject of Initial Coin Offering. These messages should be useful to everyone - regardless of their age or experience in this market.