DEFINITION of ‘Initial Coin Offering (ICO) An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin. More About ICO’s When a cryptocurrency startup firm wants to raise money through an Initial Coin Offering (ICO), it usually creates a plan on a whitepaper which states what […]

Blockchain Development Resources Blockchain application development is going mainstream, and therefore is requiring professionals with different roles and responsibilities including Blockchain developers, Blockchain architects to name just a few. Key Skills Required for Blockchain Development The following is a list of points which can be made part of a job description for a Blockchain developer/architect and related designations such as Blockchain platform architect, Blockchain solution architect, Blockchain lead architect etc. – Demonstrate good understanding of Blockchain fundamentals, smart contracts, consensus algorithms – Good understanding of different types of Blockchain such as public, private/permissioned, public permissioned etc. –…