|No.1174114 ：2018/07/31(Tue) 21:39 |
What Is Initial Coin Providing?
ICO stands for Initial Coin Providing.
It promised to create a decentralized organization that may fund other blockchain projects, but it was unique in that governance decisions can be made by the token holders themselves.
You can also have a dynamic token supply that will probably be determined by various funds which can be received, that means that the value for every token is static (e.
g 1 ETH - 1 token however each time one Ether is distributed a new token is created.