Help and FAQs from HiP Property

HOW DO ICOS WORK ?

Jun 23, 2018 7:36:49 AM / by Team HiP

While there are risks, like any financial investment, the gains can be explosive and have created a lot of interest over the past few years as a viable way of investing.

 

A typical ICO works by selling a token  – which is a new digital currency. Selling these tokens raise money for the company, and if the cryptocurrency does well and goes up in value, the investor benefits. Just like the pond or dollar going up in value against each other it is about the demand and trade on those currencies which defines how much each currency is worth, relative to a base currency. 

 

Topics: General ICO Questions

Team HiP

Written by Team HiP

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