How does the process of a cryptocurrency going public differ from traditional IPOs?

1 answers

• Nov 26, 2021 · 3 years ago
  When a cryptocurrency goes public, it typically does so through an Initial Coin Offering (ICO). During an ICO, the cryptocurrency project sells a portion of its tokens to investors in exchange for funding. This is different from a traditional IPO, where shares of a company are sold to the public. ICOs are often conducted online and can be open to investors from around the world. Additionally, cryptocurrencies are often built on blockchain technology, which provides transparency and security. This can make the process of going public more efficient and secure compared to traditional IPOs. However, it's important to note that the cryptocurrency market is still relatively new and evolving, and there are risks associated with investing in cryptocurrencies.
  762381