ICO stands for Initial Coin Offering. ICO is becoming a big deal with the increasing popularity of crowd-funding. The ICOs are becoming extremely popular since the year 2012 because of the increasing demand for cryptocurrencies and blockchain. ICO is great to raise funds for entrepreneurs. Let us understand how it works. For example, if you want to streamline the medicine payment system that can be encrypted and digitalized. You might want to call your currency medicoin.  Taking money from a bank might require giving out some amount of stake to the bank. However, ICO is more or less like gambling....