FAQ

Q : What is an ICO?

A : ICO stands for "initial coin offering". It is a new form of efficient and easy raising of financial resources. Any individual or a company can crowdfund any project or become an investor. Every ICO has two mandatory attributes – issuance of a fixed amount of the new cryptocurrency unit (token or coin) dedicated to the ICO and blockchain based transactions.

Q : What is a token?

A : A token or a coin is a cryptocurrency unit issued during an ICO. Buying certain amount of tokens allows the investors to crowdfund the project and ICO holders to raise funds. Every ICO issues a fixed amount of tokens/coins meant to be used as a potential source of profit once it goes on exchanges and/or as the currency used inside the project (purchases, service payments, etc).

Q : What is a white paper?

A : A white paper is a summary report that provides detailed information about the project, its originality and the benefits it can give to the investors and the users of the final product, technological features, team behind the project, project's background and future plans.

Q : What is an escrow?

A : An escrow is a special intermediary account, located between investors and ICO team. It assures the return of investments, if the fundraising campaign fails to complete as planned. An escrow account is always backed by a guarantor, an escrow agent, who keeps track of cash flows. However, parties can also use an automated escrow facility, i.e. the software code, which is used to execute such functions.

Q : Are ICOs Legal?

A : If we leave the past and see the present era then you will see this sector is growing at exponential rate. Countries are accepting cryptocurrencies and regulating it. In future, you will see a huge potential in this sector. The legality of ICO initial coin offering depends on countries’ economic policy. For example, ICO is legal in the USA and it is illegal in Bangladesh.

Q : What is an ICO roadmap?

A : An ICO roadmap is a simple way of explaining future developments planned for a blockchain platform. The roadmap is typically presented as a chart, with a timeline showing various future milestones. A roadmap should express a confident vision for future development, without being overambitious.

Q : What is Security Token Offering?

A : Like ICO, Security token offering is a fundraising model, but it operates on certain legal boundaries. Where ICO emerged as a popular concept to raise the funds for the Blockchain startup company simultaneously the model also paved a way for variety of scam due to the lack of regulation, the same STO is regulated and tokens are backed by real time digital assets that work within the legal boundaries. Thereby STO is secure and transparent fundraising model than ICO.

Q : Terms and conditions

Q : Privacy policy

Q : What is an ICO?

A : ICO stands for "initial coin offering". It is a new form of efficient and easy raising of financial resources. Any individual or a company can crowdfund any project or become an investor. Every ICO has two mandatory attributes – issuance of a fixed amount of the new cryptocurrency unit (token or coin) dedicated to the ICO and blockchain based transactions.

Q : What is a token?

A : A token or a coin is a cryptocurrency unit issued during an ICO. Buying certain amount of tokens allows the investors to crowdfund the project and ICO holders to raise funds. Every ICO issues a fixed amount of tokens/coins meant to be used as a potential source of profit once it goes on exchanges and/or as the currency used inside the project (purchases, service payments, etc).

Q : What is a white paper?

A : A white paper is a summary report that provides detailed information about the project, its originality and the benefits it can give to the investors and the users of the final product, technological features, team behind the project, project's background and future plans.

Q : What is an escrow?

A : An escrow is a special intermediary account, located between investors and ICO team. It assures the return of investments, if the fundraising campaign fails to complete as planned. An escrow account is always backed by a guarantor, an escrow agent, who keeps track of cash flows. However, parties can also use an automated escrow facility, i.e. the software code, which is used to execute such functions.

Q : Are ICOs Legal?

A : If we leave the past and see the present era then you will see this sector is growing at exponential rate. Countries are accepting cryptocurrencies and regulating it. In future, you will see a huge potential in this sector. The legality of ICO initial coin offering depends on countries’ economic policy. For example, ICO is legal in the USA and it is illegal in Bangladesh.

Q : What is an ICO roadmap?

A : An ICO roadmap is a simple way of explaining future developments planned for a blockchain platform. The roadmap is typically presented as a chart, with a timeline showing various future milestones. A roadmap should express a confident vision for future development, without being overambitious.

Q : What is Security Token Offering?

A : Like ICO, Security token offering is a fundraising model, but it operates on certain legal boundaries. Where ICO emerged as a popular concept to raise the funds for the Blockchain startup company simultaneously the model also paved a way for variety of scam due to the lack of regulation, the same STO is regulated and tokens are backed by real time digital assets that work within the legal boundaries. Thereby STO is secure and transparent fundraising model than ICO.

Q : Terms and conditions

Q : Privacy policy