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ARTICLE · 15 JUNE 2018

So, you are thinking of undertaking an ICO?

Cooper Grace Ward
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An ICO is a form of fundraising that allows organisations to raise funds from investors for a variety of projects.

AustraliaFinance and Banking
Charles Sweeney
Charles Sweeney
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In recent years there has been growing global interest in digital currencies such as crypto-currency. With this growth, comes an increase in the number of businesses seeking to issue their own digital coins or tokens to the market and to raise funds through initial coin offerings (ICOs) (also known as initial token offerings).

An ICO is a form of fundraising that allows organisations to raise funds from investors for a variety of projects, including to assist in the development of new coins or distributed ledger technology related services. Funds are raised by offering new coins for sale to investors in exchange for other crypto-currencies or cash via the internet. Investors are usually attracted to these investments based on the proposed uses that can be made of the new coins in the future, and so the rights attached to a new coin can be critical to its success.

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