Скачать или смотреть Ethereum VS BNB ICO Comparison | 🤑📛ICO Kya hai | What is ICO | Urdu/Hindi | Crypto For Beginners

Ethereum VS BNB ICO Comparison | 🤑📛ICO Kya hai | What is ICO | Urdu/Hindi | Crypto For Beginners

ICO stands for “initial coin offering,” and refers to a formerly popular method of fundraising capital for early-stage cryptocurrency projects. In an ICO, 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.

An initial coin offering or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding, although a private ICO which does not seek public investment is also possible.
Here's how it works. You create a document essentially detailing exactly how the system would work (usually called a white paper), make a pretty website, and explain why it's a great idea that could be very useful.

Then, you ask for people to send you money (usually Bitcoin or Ether, but you can also take fiat) and in return, you send them back some of your own coin/token. They hope that coin/token will get used a lot and be in high circulation, which would raise the value of the currency.

It's important to note that, unlike an initial public offering (IPO), investing in an ICO won't result in you having an ownership stake in the company you're giving money to. You're gambling that the currently worthless currency you pay for now will increase in worth later and make you money.

Investing in relatively inexperienced teams with an unproven (experimental) business model and a high risk of default. No regulatory protection. Limited transparency regarding project progress and issues. The risk of investing in an elaborate scam or pump and dump scheme.

What is Ethereum?
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

What is Binance Smart Chain?
Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of Binance Chain intact while introducing smart contracts into its ecosystem.

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