ICO (Initial Coin Offering) is a way of fundraising and an investment opportunity in which the digital currencies (or called tokens) of a project are pre ordered before the project has even started and people could buy tokens to invest in.
In this method (ICO) tokens of a blockchain project will be used in the future which theoretically makes the tokens marketable if the project succeed. Investors invest in projects using some other digital currencies (often Bitcoin or Ethereum) or Stablecoins and tokens in return.
Initial Coin Offering (ICO) and Initial Public Offering (IPO) share similarities . To grab a better understanding of that, we will discuss two examples.
Binance Coin or BNB was based on Ethereum blockchain network and after ICO it gained the desired budget and turned into a coin (first it was a token) so that BNB got its own blockchain. In 2017 BNB token had an Initial Coin Offering of 0.10$ and gained $15,000,000 from it.
TRON was also a token before turning into a coin based on Ethereum with an initial ICO rate of $0.0019 in 2017 and gained $70,000,000 from it.
R2 token is also based on TRON blockchain and will switch to other good cryptocurrency blockchains. ICO budget of R2 token will not only be spent on a single blockchain but also will cover all cryptocurrency parts in the future and by that time it will turn into a coin (and will have its own blockchain). The interesting thing about the ICO of R2 token is that it gives 68.98% of the earn budget to its users via USDT Stablecoin to be the first cryptocurrency to achieve this in a fair way based on R2N smart contract.
We have launched a smart contract on the Tron platform for fair, equitable and transparent sales.
Investors can buy R2 tokens directly from the blockchain (without operator interventions).
1. Download "TronLink Pro" wallet
2. Deposit the required amount to buy in your wallet. It is possible to buy only in USDT.
3. Deposit 100Trx into your wallet for network fees.
4. Open the USDTProfit.com site in the wallet browser.
5. Click on the "Buy R2" button to connect to the smart contract.
6. Select one of the packages, depending on the price and number of R2 tokens.
7. Enter your password.
8. Congratulations. The purchased token will be automatically credited to your wallet.
Note: The purchase process is automatic and through a smart contract. The amount will be automatically deducted from the account and the token will be credited to your account immediately. No operator interferes in this purchase.
Explorer
1Wallet
2Blockchain
3Centralized exchange
4Decentralized exchange
5NFT marketplace
6USDT Profit is a group of specialists in
Financial Markets
Programming