Hello Everyone, this is Chris Kim from the HILARIUM FOUNDATION.
In my previous posts, I explained methods like how to make cryptocurrency wallet and how to participate in EOS ICO.
For today’s post, since I had many comments about being unfamiliar with ICO-related terms and having difficulty understanding them, I would like to go over the basic terms again.
This post is more for the new ICO participators, so if you are already familiar with and have participated in ICOs, you may skip this post.
https://ameblo.jp/hilarium/entry-12370614918.html
https://ameblo.jp/hilarium/entry-12370618578.html
So, what is ICO?
Many people have already heard of Cryptocurrency/Coins like Bitcoin and Ethereum through the Internet or the press.
Alternative cryptocurrencies other than Bitcoin are called ‘Altcoin’ (alternativecoin).
The majority of the Coins go through ICO process before being launched, and gets their value assessed based on each Coin’s potentiality.
Last year, Coin market became the center of interest due to a sudden rise in Cryptocurrency including Bitcoin.
People began to join the Coin circulation market without even knowing what Blockchain is.
You can find out about ICO-related programs and progress on the website above. You will realize that there are a great number of altcoins out there.
It is classified into three categories: “ACTIVE ICO” that is currently on main-sale token sale, “UPCOMING ICO” that is soon to be on token sale and “ENDED ICO” that has already finished token sales.
In the case of “ENDED ICO”, you can participate in the Coins that have already completed the token sales and are just in the circulation at the Exchange.
Next post, I will discuss essential matters to check and be aware of when participating in ICO.
All employees and engineers of Hilarium are working hard to get ready for ICO process.
You will be able to meet our new ICO very soon.
Thank you very much
