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RE: Steemit Crypto Academy Contest / S5W5 - Initial Coin Offering in the Crypto Ecosystem
Hey dear,
It allows investors to get on new projects early to position themselves for a high yield on investment because the tokens are sold at a very cheaper price at ICO.
Dear you have always been a wonderful content creator especially here on crypto academy. This is true, infact it is the biggest and most important and profit gotten from buying and offering like the initial Coin Offering because the price of the asset tends to grow higher than you might expect but note this would be good only if the project becomes sucesssful
Thank you very much for sharing, please you can check my own entry here
Thank you for sharing on my post, the primary aim of ICO has been to raise funds while the investors can earn multiples of their investment after an ICO when the coin is listed.