I get asked rather often to help with evaluating the viability of ICOs. I should tell you that I participate in ICOs from time to time however I don’t consider it investing.
ICO stands for Initial Coin Offering. Despite the name it doesn’t actually have much in common with an Initial Public Offering (IPO). It’s a new way for cryptocurrency companies to raise money.
The buzz around cryptocurrencies has been growing steadily since the inception of Bitcoin in 2009, and the growing popularity of other cryptocurrencies and tokens means the fervor is unlikely to die down anytime soon.
A cryptocurrency wallet is your first step in order to send and receive cryptocurrencies. You can think of a crypto wallet like an email inbox. There are many types of emails accounts, but most people that I know go with Google, Microsoft, Apple, or other online free email services.
Bitcoin was invented in 2009 (just after the financial crisis) by somebody (or a group of people) who goes by Satoshi Nakamoto. Satoshi’s goal was to create “a new electronic cash system” that has no central authority.