Matsumura: ICO is kind of a funnily named thing. ICO which is Initial Coin Offering. So essentially what is happening is that tokens are being created and they are being sold to the public.
The author and editors take ultimate responsibility for the content. An initial coin offering (ICO) is an event where a company sells a new cryptocurrency to raise money. Investors receive ...
Bussgang, Jeffrey J., Ramana Nanda, Robert F. White, and Nathaniel Schwalb. "Initial Coin Offerings in 2018." Harvard Business School Technical Note 819-057, November 2018. (Revised December 2020.) ...
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