ICOs/AIRDROPS

ICOs/AIRDROPS?

ICO is the abbreviation of Initial Coin Offering. It means that someone offers investors some units of a new cryptocurrency or crypto-token in exchange againstcryptocurrencies like Bitcoin or Ethereum. Since 2013 ICOs are often used to fund the development of new cryptocurrencies.

An airdrop is a distribution of a cryptocurrency token or coin, usually for free, to a large number of wallet addresses.

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