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Cryptopedia

Cryptopedia

IC0

It is a kind of fundraising method for cryptocurrency projects when they are about to issue their token or coins. IC0 articipants purchase the supposed issued token with mainstream currencies at a lower price. When the price of the token increases, IC0 participants gain interests and vice versa. However, IC0 is considered a risky activity since some of the projects end up not issuing any token, and the price of token can either rises or drop, resulting in possible losses.
Authored by Gate TR. Please refer to the source.

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