The increasing awareness of Bitcoin (and cryptocurrencies in general) has led to the popularity and success of ‘Initial Coin Offerings’ as an alternative means of capital raising. It is commonly known by the abbreviation ‘ICO’ and as at Nov 2017, more than USD3.6 billion has been raised.
The number and types of projects seeking funding through an ICO has exploded over the last couple of years and this growth shows no sign of slowing down until recently. Regulators have imposed restrictions and even outright bans on ICOs in certain jurisdiction, tempering somewhat the pace of ICO offerings. With over 1000 coins available on different exchanges and more on the way, it presents a challenge for investors considering this brand new asset class. This course aims to provide participants with an understanding of the mechanics in capital raising via the ICO method
Photo by Zoltan Tasi on Unsplash
What you’ll learn
- Recognise the design and operations of cryptocurrencies
- Identify the various funding mechanism and contrast with initial coin offerings (ICO)
- Identify the key risk in participating in ICO and IEOs
- Compare the different applications of tokens
