Foundations of Blockchain

Blockchain as a solution

Blockchain provides a token distribution mechanism in a decentralized network by creating ICOs. Executing an ICO is much simpler than any other kinds of crowdfunding. A typical ICO will involve the following stages:

1. A project looking to raise money will launch the ICO by specifying the ICO structure, such as the initial token value, the total token limit, the token sale period, and so on.
2. Once the token sale begins, supporters can invest in the project by funding the project with either a fiat currency or existing cryptocurrencies. Supporters will receive tokens equivalent to the amount invested.
3. Similar to other crowdfunding solutions, if the ICO doesn't meet the goal, the campaign is said to be unsuccessful, and ...