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.
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The company decided to launch an ICO to raise funds for their new project.
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Have you heard about the ICO happening next week? I'm thinking of investing.
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I'm so excited for this ICO, it's going to be lit!
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Launching the ICO was like planting a seed for the future growth of the business.