An Initial Coin Offering (ICO) is a fundraising mechanism used by blockchain startups and companies to raise capital by issuing and selling new digital tokens to investors in exchange for cryptocurrencies or fiat currency. ICOs have become increasingly popular over the years, with billions of dollars raised through ICOs in recent years.
We create digital exchange platforms that revolutionize businesses and disrupt industries.
Eracom creates a new cryptocurrency or token and sells it to early investors in exchange for funds. The tokens sold in an ICO are typically used to access our platform or products as a form of investment. ICO is popular way to raise capital, as they allow for quick and easy access to funds without having to go through traditional financing channels like venture capital or bank loans
The concept of ICO work is to enhance capital by strength block chain technology to issue and distribute tokens. It involves financial load from investors who get the project’s crypto coins in replace. Evidently, their interests should be aligned with the whole ICO plan.
When you have set up an Initial Coin Offering, tokens can be deal in exchange for other cryptocurrencies like bitcoin or fiat money.
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