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What is an Initial Coin Offering and How Does it Work?

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Re: What is an Initial Coin Offering and How Does it Work?

#7
post #3

In the past history of ICOs, did anyone gain from participating in the ICO more than they could have gained by buying the coin later in an exchange?

https://icostats.com/roi-since-ico

To complete the link, there is a story behind each ICO, some ICOs were "disasters", i.e there was a hidden cap (a maximum amount where the ICO stops) and people flooded the blockchain with high fees transactions and only some "whales" did particpate.

For example, this happened with Basic Attention Token (150 people only did the ICO if I remember correctly), but also with Status, Bancor etc. So when you have 10 000+ people trying to buy a token, and only a few hundreds achieve to buy it because the network does not scale yet and a bunch of people with a lot of money can afford 1000$+ transaction fees, these tokens skyrocket once they hits exchanges.

Re: What is an Initial Coin Offering and How Does it Work?

#8
FTA:

ICOs conclude once the coins or tokens are tradable in the open market.

This is a part that has eluded me thus far: how are the new coins tradable on the open market? I'm genuinely asking - most exchanges don't support all crypto coins, and certainly not the dozens of new ones being created. How does one invest in an ICO and then 'cash out'? I see the ROI stats on some of these ICOs but I'm curious as to if those investors are basically sitting on that ROI hoping it doesn't evaporate before they can sell. Can anyone provide insight here?

Re: What is an Initial Coin Offering and How Does it Work?

#9

FTA: ICOs conclude once the coins or tokens are tradable in the open market. This is a part that has eluded me thus far: how are the new coins tradable on the open market? I'm genuinely asking - most exchanges don't support all crypto coins, and certainly not the dozens of new ones being created. How does one invest in an ICO and then 'cash out'? I see the ROI stats on some of these ICOs but I'm curious as to if thos…

You can trade most pairs at EtherDelta which is a decentralised exchange on the blockchain https://etherdelta.github.io/

Re: What is an Initial Coin Offering and How Does it Work?

#10
post #3

In the past history of ICOs, did anyone gain from participating in the ICO more than they could have gained by buying the coin later in an exchange?

https://icostats.com/roi-since-ico

What a fun UI! If you click the > arrow, you go from page 1/2 to page 2/2 to... page 0/2. From there you can click the < arrow to go to negative pages.
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