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Altcoins and ICOs Explained in Plain EnglishAn initial coin offering (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain environment. The ICO can be viewed as an initial. The first token sale (also known as an ICO) was held by Mastercoin in July Ethereum raised money with a token sale in , raising around 31, BTC in. Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment.
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