What does ICO project mean (ICO project ranking)?
What does ICO project mean? ICO projects in Chinese refer to digital assets issu
What does ICO project mean? ICO projects in Chinese refer to digital assets issued through ICO, such as Bitcoin, Ethereum, etc. However, in practical terms, this process involves some technical issues. For example, due to the difficulty of manipulating or engaging in fraudulent behavior in cryptocurrency value as in traditional financial markets, and the transparency of blockchain technology allows anyone to participate without risk.
In addition, according to the definition of ICO projects, it mainly includes four categories: Initial Coin Offering (ICO) and Initial Public Offering (IPO); security tokens; and investment platforms. (The above content is for reference only and does not constitute investment advice.)
ICO project ranking
ICO project ranking (IDO ranking) is compiled based on the official announcements of various projects, team strength, and community popularity, among other comprehensive evaluations. Among the top 30, seven projects qualified, with four projects receiving angel round financing of over $100,000; three projects have a total market value exceeding $1 million without ICO tokens, reaching valuation of 12 billion RMB and 1.3 billion USD, respectively.
From the situation of each subcategory, the overall performance of ICO projects is relatively average: mainly focusing on compliance, with a focus on cross-border remittances and payment businesses; secondly, decentralized finance, providing lending capabilities and related derivatives trading services; thirdly, public chains, based on DAG technology to build blockchain infrastructure and support smart contract applications; and finally, decentralized finance (DeFi) applications, providing decentralized lending products and services.
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