What is an ICO? In CNBC’s last feature , we explained what the blockchain is. Many start-ups are now building entire businesses on blockchain technology. But instead of turning to public stock markets or venture capital to fund their company, businesses are turning to cryptocurrencies. In the past year-and-a-half, the so-called initial coin offering (ICO) has been on the rise. It’s a new method of funding for start-ups in which new digital tokens or coins are issued. That’s what we mean by tokenization. There are over 1,000 digital tokens in existence, and this article will explore how an ICO works and how entrepreneurs are trying to tokenize business. An initial coin offering is essentially a fundraising tool. Firstly, a start-up can create a new cryptocurrency or digital token via a number of different platforms. One of those platforms is Ethereum which has a toolkit that lets a company create a digital coin. Then the company will eventually do a public ICO where ret...
SUCON stands for ‘Super Connection’ meaning that it connects to every single thing around the world which represents the objective of SUCON. SUCON is a online content streaming project team that has solutions for unreasonable distribution of profits and copyright problems to online content creators, and lack of security that is called a highly centralized system. SUCON has formed on October 2014 as blockchain project team.

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