[Hilarium ICO Talk] What is ICO?

Hello Everyone, this is Chris Kim from the HILARIUM FOUNDATION. 

In my previous posts, I explained methods like how to make 
cryptocurrency wallet and how to participate in EOS ICO. 

For today’s post, since I had many comments about being unfamiliar with ICO-related

terms and having difficulty understanding them, I would like to go over the basic 

terms again. 

This post is more for the new ICO participators, so if you are already familiar with 

and have participated in ICOs, you may skip this post. 

http://hilariumfoundation.blogspot.kr/2018/04/hilarium-ico-updateico-help-how-to.html

http://hilariumfoundation.blogspot.kr/2018/04/hilarium-ico-update-ico-help-3-how-to.html

http://hilariumfoundation.blogspot.kr/2018/04/hilarium-ico-update-ico-help-steps-to.html

So, what is ICO? 

Many people have already heard of Cryptocurrency/Coins like Bitcoin and Ethereum 
through the Internet or the press. 

Alternative cryptocurrencies other than Bitcoin are called ‘Altcoin’ (alternativecoin).  
The majority of the Coins go through ICO process before being launched, and gets 
their value assessed based on each Coin’s potentiality. 

Last year, Coin market became the center of interest due to a sudden rise in
Cryptocurrency including Bitcoin. 
People began to join the Coin circulation market without even knowing what 
Blockchain is. 

You can find out about ICO-related programs and progress on the website above. 
You will realize that there are a great number of altcoins out there. 
 
It is classified into three categories: “ACTIVE ICO” that is currently on main-sale 
token sale, “UPCOMING ICO” that is soon to be on token sale and “ENDED ICO” 
that has already finished token sales. In the case of “ENDED ICO”, you can participate 
in the Coins that have already completed the token sales and are just in the circulation
at the Exchange. 

Next post, I will discuss essential matters to check and be aware of when participating 
in ICO. 

All employees and engineers of Hilarium are working hard to get ready for ICO process. 
You will be able to meet our new ICO very soon.  

Thank you very much.