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ICO’S (Initial Coin Offerings) have acquired a huge craze among the growing cryptocurrency community. It is a cost-effective capital raising method where blockchain technology will be used to power a product or a service. A specific amount of funds will be raised and fiat currency or cryptocurrency will be used to pay for the new tokens by the purchasers who are investing in ICO.
A lot of questions will arise during your investments in ICO regarding the plan for your fund usage and the development of the technology. Lets discuss in detail -