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In an ICOhttps://www.sec.gov/ICOsec, a blockchain-based startup mints a certain quantity of its own native digital token and offers them to early investors, normally in exchange for other cryptocurrencies such as bitcoin or ether.As a type of digital crowdfunding, ICOs enable startups not only to raise funds without giving up equity but also to establish a community of incentivized users who want the project to succeed so their presale tokens rise in value.While ICOs can offer an easy funding mechanism and an innovative approach for startups to raise money, buyers can also benefit from both access to the service that the token confers as well as a rise in the token’s price if the platform is successful (big IF!)These gains can be realized by selling the tokens on an exchange once they’re listed.

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Fifty million ether tokens(ETH) were sold at $0.311 each, and on May 12, 2021, it hit an all-time high of $4,382.73, offering investors a 1,408,903% return on investment.

Now not only is it one of the most valuable cryptocurrencies, but it has enabled an entire ecosystem ofdecentralized applications(dapps) to blossom from its technology.It all started in 2013 when software engineer J.R.

workday com for indians explained ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.Willet wrote a white paper titled “The Second Bitcoin White Paper” for the token MasterCoin (which was rebranded as Omni Layer) and was able to raise US$600,000.By 2014, seven projects had raised a total of $30 million.

workday com for indians explained ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!The largest that year wasEthereum: 50 million ether were created and sold to the public, raising more than $18 million.2015 was a quieter year.

workday com for indians explained ✌️【365vc.net】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.Seven sales raised a total of $9 million, with the largest –Augur– collecting just over $5 million.Activity started to pick up in 2016 when 43 ICOs – including Waves, Iconomi, Golem, and Lisk – raised $256 million.

workday com for indians explained ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.That included the infamous token sale ofThe DAOproject, an autonomous investment fund that aimed to encourage Ethereum ecosystem development by allowing investors to vote on projects to fund.

Not long after the sale raised a record $150 million, ahacker siphoned offapproximately $60 million worth of ether, leading to the project’s collapse anda hard forkof the Ethereum protocol.The DAO’s failure did not deter the increasingly ebullient enthusiasm for the nascent digital asset space, and in December the first fund dedicated to token investment gotsignificant backingfrom old-school venture capitalists.2017 saw ICO’s reach a new peak, in part to new technological advancements.

342 token issuances raised almost $5.4 billion and thrust the concept to the forefront of blockchain innovation.workday com for indians explained ✌️【365vc.net】✌️Start saving with ₹500 and achieve up to 100% monthly returns. Grow your money smartly!