ICOs (initial coin offerings) are a popular way for cryptocurrency projects to raise funds through public presales prior to them listing on exchanges.
There are always lots of active ICOs running at any one time, but finding legit projects with high potential isn’t always easy.
Initial Coin Offerings, often shortened to ICOs, are the stage of a crypto project’s life cycle when they are first introduced to market and public investment.
Similar to an IPO on the stock market, active ICO tokens are available to purchase at a set price but not yet available to trade via an exchange. ICOs are usually offered as a way to build capital for the development of the project and generate hype in the wider market.
Investing in the best active ICOs can be a great way to generate profits as they usually offer tokens at a lower price than when they eventually are listed, sometimes allowing for near-instant profit, as well as investing in a high-potential project ahead of the rest of the market.
