Chapter 9: Initial Coin Offering

Question 1

_________ are also known as ICPO (Initial Public Coin Offering) and/ or ITO (Initial Token Offering)

Answer 1

Initial Coin Offerings

Question 2

startups are referred to as _______ Startups

Answer 2

Blockchain

Question 3

Coins are used to _______ monetary value

Answer 3

transfer

Question 4

tokens _______ multifaceted and complex data streams

Answer 4

store

Question 5

use a ________ paper to find out more about certain founders and their work

Answer 5

white

Question 6

The following steps describe how ICOs work

Answer 6

1 startup releases an advert regarding the sale of the initial coin supply
2 white paper is read by the investors (who typically exchange either Ether or Bitcoin for new coins)
3 new currency’s value rises and the investors earn a profit

Question 7

some of the tokens are sold to the ICO participants whilst the others are reserved for the needs of the ___________

Answer 7

company

Question 8

Some examples of famous ICOs are…

Answer 8

Bancor
BAT
Tezo

Question 9

stay up to date with the latest _______ and trends

Answer 9

news

Question 10

read the white _______ thoroughly prior to researching company management

Answer 10

paper

Question 11

find out what the tokens are for + how much money is being _______

Answer 11

obtained

Question 12

research what the team intends to use the money for, as well as how much they allot for development/ _______ budgets

Answer 12

marketing

Question 13

know the _______ value

Answer 13

token

Question 14

it’s important to be aware of any chance for the market to be ________ by such tokens

Answer 14

saturated

Question 15

learn how and when _______ are distributed

Answer 15

tokens

Question 16

good projects link their token distributions to _______ maps because every milestone requires a specific amount of funding

Answer 16

road

Question 17

exert more effort in knowing more about the _______ that you follow

Answer 17

startups