Launching An ICO Through Cyprus

Initial Coin Offering, or commonly known as ICO, is an innovative form of crowdfunding or fund-raising activity using so-called coins or tokens and can also be called an initial token offering or token sale. Start-ups that are incorporating coins into their product's design, are using ICO as a method for capital raising since it is easier and more efficient, bypassing in this way the rigorous, time-consuming and regulated processes required by venture capitalists and banks.

As the European Commission mentioned in their Speech on Cryptocurrencies in February 2018, "Initial Coin Offerings have become a way for innovative firms in this field to raise substantial amounts of funding."