Altcoins and ICOs explained

An ICO is a fundraising operation for a project through the sale of cryptographic tokens. The tokens are sold at a discount and later on may be used within the project or sold for a profit. ICOs are unregulated and hold a lot of risk for uneducated investors.

Altcoins Altcoin is a cryptocurrency alternative to Bitcoin — its name is a portmanteau of "alternative" and "coin."Learn more, as alternative currencies to BitcoinBitcoin (BTC)1$ 56,883.160.18%1h-6.01%24h-15.89%7ddetails. There are four main factors to take into account when evaluating a cryptocurrency – Adoption, security, innovation, and incentives.

That’s ICOs and altcoins in a nutshell. For a more detailed explanation keep on watching the video, here’s what I’ll cover:

0:38 What are altcoins?
0:56 Why do we need altcoins?
1:49 How to evaluate altcoins?
3:56 What is an ICO?
5:36 The Ethereum ICO
6:23 A disastrous ICO example
6:52 ICO caveats
9:34 How to evaluate an ICO?
10:30 Conclusion