An initial coin offering (ICO) is a process by which a percentage of the initial supply in a new digital currency project is offered to the public. (bitcoinmagazine.com)
This type of venture capital model, a hybrid between initial public offerings and crowdfunding, has been used to finance many virtual currency projects. (ethnews.com)
This year should also see at least one more of the nine currency projects hit the 1.0 milestone. (hyperledger.org)