IDG Contributor Network: What a CIO needs to know about initial coin offerings

 Initial coin offerings (ICO) are emerging as a viable and popular way to raise money for your business. These are similar to IPOs (initial public offerings) except that buyers are allocated digital tokens or coins in place of shares. These coins may be traded similar to how stocks are bought or sold on stock exchanges. The one major difference is that ICOs do not provide coin buyers any sort of ownership rights.As of November 2017, more than 200 projects raised over $3.25 billion dollars