Altcoins and ICOs Explained in Plain English

Altcoins and ICOs Explained in Plain English

The Croblanc team proposes you today, the August 8, 2017 to discover the very last video of 99Bitcoins released on the net. Considering the first returns of the Net surfers, we thought useful to share it to you on our site.

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For your information, you can find below the description of the video Altcoins and ICOs Explained in Plain English published by the Youtube channel 99Bitcoins:

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An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.

Altcoins, as alternative currencies to Bitcoin. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.

That's ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here's what I'll cover:

0:38 - What are altcoins?
0:56 - Why do we need altcoins?
1:49 - How to evaluate altcoins?
3:56 - What is an ICO?
5:36 - The Ethereum ICO
6:23 - A disastrous ICO example
6:52 - ICO caveats
9:34 - How to evaluate an ICO?
10:30 - Conclusion

For the complete text guide on altcoins visit:
https://bit.ly/2Y2hDFe

For the complete text guide on ICOs visit:
http://bit.ly/2C12etI

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