The New Kid on the Block: ICOs
Initial coin offering
Blockchain
Funding
Smart contracts
Initial coin offerings (ICOs) extend the universe of funding sources for firms. Indeed, ICOs are a fast, cheap and convenient way to raise for firms. Also, they offer a number of potential benefits for investors such as access to a product or service or financial gain. Moreover, ICOs eliminate the need for a trusted intermediary by recording smart contracts in a public and immutable blockchain. Despite this claim and its advantages, however, ICOs still require a leap of faith from investors as important risks should not be overlooked.
Authors
![Guntherwuyts](https://financialforum.be/public/members/_74x74_crop_center-center_none_ns/guntherwuyts.jpg?v=1718991847)