What does ICO token mean (what are ICO tokens)

What does ico token mean? In the ICO (Initial CoinOffering) project, issuers raise funds through public sales platforms or other means. And this process is called initial token fundraising, which can usually be divided into two situations: one is to directly sell the assets held by the company to investors; Another approach is to repurchase and destroy the asset in the form of tokens. This method is similar to the early investment fund approach. But if you want to earn more profits from these transaction processes, it needs to be completed by one or several people first, and must receive corresponding compensation to participate in financing

What are ICO coins?

According to Bitcoin, what are ICO coins? According to the classification of ICO tokens according to public data, there are mainly three aspects as follows: first, Bitcoin, Ethereum, XRP and Stellar Coin. The second is the rupee and Monero coins. The third one is EOS. In ICO, most are related to the issuer (i.e. company or organization) and provide funding for it; The fourth item is called Ripple, which is an Open-source software platform. The fifth ICO currency includes:

1. XRP

2. ZEC

3. ADA

4. USDT

5. LINK

6. XLM

7. EOSIO Codebase

8. Cardano (ADA), IOTA, etc