What Is Initial Coin Offering (ICO)?

[kevinspyzer]

An initial Coin Offering (ICO) is a crowdfunding mechanism for a project in which the project's developers sell ICO crypto tokens to investors in return for cryptocurrencies or fiat money to support the project's development. 
 

[Imam]

Yup, & most of the times, the participants of ICO program,gets token earlier than others. Regardless the quality of the project, it's easier to pull profit from ICO. To ensure the quality Bitget have implemented some strict rules at their ICO like events.