Initial Coin Offering (ICO) is trending nowadays most especially since investors and businessmen are all eager to be part of the blockchain community. This is also because there are more firms that are releasing new and improved digital currencies. Thus, different companies are creating blockchain projects wherein they allow the presale of crypto coins or tokens in exchange for known cryptocurrencies, like Bitcoin.

ICO does not only help develop the cryptocurrencies, but this system of spreading digital monetary units can also improve the financial industry. More individuals will be exposed to newly launched altcoins, which could attract even fiat currency users.