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What Does The Future Hold For ICOs?

Cryptocurrency has been one of the most popular forms of currency in the recent years. In the past few years, Cryptocurrency has seen a significant growth and therefore thousands of people have invested in it worldwide. In this article, we will be discussing with you what ICOs is and how promising do the look in the future.

What is ICOs?
An ICO is a kind of fundraising mechanism which is put into use by various DLT projects so that they can raise funds and capital, in the form of Bitcoins or ether. You will be surprised to know that in the early months of 2018, ICOs have helped to raise more than USD 6.3 billion. There are different types of CIOs and all of these are very helpful.

However, the most common and popular ICO tokens are sold and launched in the market are utility tokens. A utility token can be used in the market as a decentralised product very easily. Currently, selling of utility tokens is deemed fine if the infrastructure is rightly in place. But, if it is not then the transaction will be considered as a token presale.

The Future Of ICOs
Tokenisation has become really popular and even more because any kind of real-world asset can be tokenised as security assets. The future of tokenised assets is huge because different companies can raise funds through these ICOs issuing legal token which can be traded in an exchange. So people are getting more interested to invest in decentralised assets for trading rather than the centralised ones with time.

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