Pronunciation: /aɪ.siː.oʊ/
noun Initial Coin Offering (ICO) is a fundraising method for cryptocurrency projects where new tokens are sold to investors in exchange for existing cryptocurrencies like Bitcoin or Ethereum.
A1 An ICO is a type of crowdfunding using cryptocurrencies.
A2 Investing in an ICO can be risky due to the lack of regulation.
B1 The ICO raised millions of dollars for the startup.
B2 There are concerns about the legality of ICOs in some countries.
C1 The ICO market has seen a lot of growth in recent years.
C2 Experts predict that ICOs will continue to evolve and attract more investors.
formal The company decided to launch an ICO to raise funds for their new project.
informal Have you heard about the ICO happening next week? I'm thinking of investing.
slang I'm so excited for this ICO, it's going to be lit!
figurative Launching the ICO was like planting a seed for the future growth of the business.
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