Crypto Step by Step: Ep 6) Use 2FA to Secure Your Crypto Accounts
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One Week Low for One Billion Caps
This is taken at January 17th 7:44 AM Market Cap: $414,912,336,763 / 24h Vol: $45,255,955,559 / BTC Dominance: 38.1%
Crypto Step by Step: 4) What is ICO? How do you participate in ICO Using MyEtherWallet?
ICO stands for Initial Coin Offering which is similar to the concept of stock market launch or IPO (Initial Public Offering) in which shares of a company is sold to institutional or individual investors to raise capital. In ICO the capital is raised by a company to develop and support a new crypto currency by the funds raised often resulting in increased value of the crypto currency or token if it succeeds. To participate in an ICO, you have to usually send Ethereum or Bitcoin to the wallet address of the ICO offering company from your wallet. Most of the ICOs now-a-days ask for an ERC20 compatible wallet to send Ethereum token from and receive their crytp coin or token in that wallet. Amongst many available ERC20 wallets, one of the most popular online wallet is MyEtherWallet - https://www.myetherwallet.com/ . Here is an example of how would you create a wallet there and participate in an ICO of sether.io. I am using sether.io just as an example because I recen...
