I don't understand - was this a traditional fund raise, or an ICO? I had thought ICO at first, since it's a crypto currency, but the article doesn't come right out and say it.
If it's an ICO - how does that work, exactly? People buy some amount of the coin at a valuation, and then they'll be able to use it later once the actual application comes out?
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I don't understand - was this a traditional fund raise, or an ICO? I had thought ICO at first, since it's a crypto currency, but the article doesn't come right out and say it.
If it's an ICO - how does that work, exactly? People buy some amount of the coin at a valuation, and then they'll be able to use it later once the actual application comes out?