Our Initial Coin Offering Calendar will help you stay on top of the newest digital currencies. As such, you’ll be able to stay ahead of the curve and maximize your profits. Namely, many of the most significant coin growths happen right after their ICO completes and their launch begins. Those that hold those coins have a chance of obtaining the overnight riches many dream of. In the world of digital assets, it's vital to follow ICO Calenders if you want to stay on top of the latest trends.
However, some might be confused about what Initial Coin Offerings (ICOs) even are. The world of trading is full of confusing terminology, making it somewhat daunting for newer members. Not to worry though, we'll provide an explanation of what an ICO is.
What Are ICOs?
For those that have been around in the stock market for a while, it's simple to explain ICOs. Initial Coin Offerings are the digital currency equivalent of Initial Public Offerings for stocks. In other words, they're a method to raise money for your potential cryptocurrency-related product. That can be a coin, a new application or blockchain, or a service related to the digital currency sphere. Now, we should note that the comparison to IPOs isn't entirely fair, as there are some distinctions.
One difference between the two is the comparative lack of regulatory oversight. IPOs in the US stock market are under the watchful eye of the SEC and other regulatory agencies. ICOs, on the other hand, are relatively unregulated and much less centralized. However, that doesn't mean they're completely lawless, as the SEC and similar bodies can still intervene. So while there are some distinctions between the two, the base idea behind them stays more or less the same.
The next logical question is why someone would buy into an ICO, and the answer is fairly simple. ICOs often come in hand with token sales for the digital currency that offers them. That means that those who spot an opportunity on an ICO calendar can get early access to a coin. To anyone that's been investing for a while, we don't need to explain the potential value of early access. If a price blows up, it'll often be post-ICO.
That reiterates our earlier point regarding Initial Coin Offering Calendars. It's vital to follow them as they have projects that sometimes offer exponential growth. We recognize not all investors enjoy such strategies, but they're a vital consideration.
There's another important quality of ICOs that potential traders and investors should be aware of. Namely, not all initial coin offerings are available to everyone, with the best being reserved for serious investors. As such, some might not show on ICO Calendars. As unfortunate as that is, it shouldn't discourage you. Here, we'll briefly go over the two types of ICOs.
Public ICOs are just what their name implies, as they're open to everyone. They're a crowdfunding method developers use to launch new coins and crypto projects. They're gaining popularity as the cryptocurrency world progresses but also gaining some notoriety. Due to the lack of regulation and the presence of scams, a lot of investors have found issues with Public ICOs.
Private initial coin offerings are the opposite of the previous type. They can be available only to select investors or members of a specific community. The common theme for such ICOs is that they target individuals and groups with significant capital at their disposal. For private ICOs, there's always some sort of eliminating factor, and they're generally regarded as more secure.