IDG Contributor Network: 6 tips to pick the right ICO

The introduction of smart contracts in blockchain enabled developers to create their own cryptocurrencies. This opened the floodgates for startups to launch their own initial coin offerings (ICOs) and token sales as their primary means of funding. ICOs have already been the buzz in tech and entrepreneurship for the good part of the year.On one hand, an ICO is a quick and lucrative way for ventures to raise capital. Record-breaking ICOs such as Tezos’ $200 million token sale showed that ICO