05/26/2018 6:13:53

BTC / USD   $7449.09   -1.92% ETH / USD   $589.62   -2.99% XRP / USD   $0.613720   -2.39% LTC / USD   $119.45   -2.85%

How Ethereum Fuels the Initial Coin Offerings (ICO) Market

If we talk about cryptocurrency, Bitcoin is undoubtedly the sole leader. Although trading at 17000 USD right now, the very first known price of bitcoin in 2009 is around 0.008 USD.

With the rise of cryptocurrencies, a new innovative concept also emerged in the form of Initial Coin Offerings (ICO’s). ICO’s empowers tech geeks to do things once they can only dream of. Traditionally startups have ideas, roadmaps, and everything to run their own company but the only thing they don’t have is money and this is what ICO helps in getting.