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Initial coin offering (ICO) i's a means of crowdfunding via use of cryptocurrency, which can be a source of capital for startup companies In an ICO, a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin or Ethereum.

Early token sales were held by Mastercoin in July 2013 and Ethereum and Karmacoin in 2014, but "mainstream" ICOs began with messaging app developer Kik in September 2017. By November 2017 there were around 50 offerings a month.

ICO became super popular in 2017, almost 450 ICOs were made that year.

You need to know, that usually during the period of ICO you can get extra bonuses and even investing small amount of money can give you a good profit in the future.

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