An ICO or initial coin offering is a new cryptocurrency system which can help the entrepreneurs to raise fund in the market. With the help of an ICO, investor brings new cryptocurrencies to market but at high risk. The company uses it as a way to raise money in the form of new coins, app or services. Interested people can buy these coins from the company and can invest in the cryptocurrency issued by them. This can be considered as a token and have some utility in using them. This requires an initial coin offering platform to be formed for creating a new cryptocurrency for new business.
These ICOs are used generally by those who want to start their new business and wishes to offer some goods or service related to the cryptocurrency but these tokens cannot be considered as stocks as both have many differences. For investing in an ICO, it requires purchasing of digital currency and having some basic knowledge of using these cryptocurrencies. For this, you can take the help of ICO development services provided by different companies which can help you to raise a fund with cryptocurrencies safely.