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RE: [pov] What ICOs are doing to blockchain

in #icos7 years ago

I don't want to ask you to take the time to help me understand how this works but not sure where else to learn.
Am I right in thinking being involved in an ico is very similar to buying shares but the share you buy becomes a tradable coin rather than a traditional share with a value.
Does money change hands because you start to buy the coins. And the value grows because people become prepared to buy a coin for more?
It's complex.
I'm guessing the business raises revenue because their coin value rises and they kept a certain number themselves?

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