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Updated by Alan Watts on Sep 07, 2020
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Alan Watts Alan Watts
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Digital Investment

ICO’s are intimately linked to blockchain technology. Most often, they are going to launch decentralized applications that work on a specific blockchain protocol, such as Ethereum or Bitcoin. ICO’s can also be used to directly finance Blockchain protocols, such as the Tezos protocol.

What is an ICO used for and what does it finance?

ICO’s are intimately linked to blockchain technology. Most often, they are going to launch decentralized applications that work on a specific blockchain protocol, such as Ethereum or Bitcoin. ICO’s can also be used to directly finance Blockchain protocols, such as the Tezos protocol.

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