ICOs, IEOs and STOs play an important role in the growth of a cryptocurrency. This is something that you must know about before/while searching for a new coin to invest in. Another key thing you should know about is the full form of these three vital cryptocurrency terms.
Full Form of ICO, IEO and STO:
ICO stands for Initial Coin Offering. IEO is abbreviation to the Initial Exchange Offering whereas STO stands for Security Token Offering.
All of these three concepts play their role in the growth of a cryptocurrency in their own way. Proper education about all these three concepts can tell you a lot about the digital currency you plan on investing in.
Therefore, it becomes important for you to understand the value of ICO, IEO and STO. But the most important thing you need to learn about is the way of identifying ICO, IEO or STO scams in this domain of finance.
What Is Fake ICO, IEO Or STO?
It is kind of technologically advanced weapon for financial criminals to execute fake ICO,IEO or STO scams easily.
Copied whitepaper, no team, incomplete pages, staff reluctant to answer queries, unbelievable token sale are some of the key signs of a fake ICO, IEO or STO.
This is something that you must know about while searching a new coin to invest in. Our next about it will guide you in this regard in detail.
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