The crypto ICOs seem to have disappeared. What happened to them?
In reality, they haven’t completely disappeared, but they have changed shape.
In order to answer the question, we need to clarify whether we want to consider ICOs in a strict, technical-formal sense, or if we want to consider the launch of new tokens.
What are crypto ICOs?
From a technical-formal point of view, ICO simply means Initial Coin Offering, which is the initial offering on the market of new cryptocurrencies.
Usually they are tokens, and not cryptocurrencies with their own blockchain, that are put on the market to finance the start of a project. So the tokens are sold before the project actually begins.
Nowadays, no one uses the term ICO anymore, because it reminds of the collapse of tokens launched with ICO in 2019/2020. But if we also focus on all those tokens that are launched on the market to raise funds before a crypto project starts, but using other terms, then there are still many disguised ICOs.
We współpracy z: https://en.cryptonomist.ch/2024/02/10/what-happened-to-crypto-icos/
