initial coin offering
noun [ C ] business, finance & economics specialized uk/ɪˌnɪʃ.əl ˈkɔɪn ˌɒf.ər.ɪŋ/ us/ɪˌnɪʃ.əl ˈkɔɪn ˌɑː.fɚ.ɪŋ/ (abbreviation ICO)
首次代币发行
the first public sale of a cryptocurrency (= a digital currency that uses encryption, such as bitcoin)
An initial coin offering (ICO) is the cryptocurrency space's rough equivalent to an IPO in the mainstream investment world. 加密货币领域的首次代币发行（ICO）差不多相当于主流投资领域的IPO。
- More examples
- They published the Initial Coin Offering list for 2019.
- Initial coin offerings came out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street.
- Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment opportunities.
- By the end of the 1st quarter, close to $400m has been invested through initial coin offerings.