区块链ico启动项目,区块链的ico是什么意思
近几年,ICO(Initial Coin Offering)作为一种新兴的融资模式,已经在区块链行业中引起了极大的关注。ICO,中文名称叫“初始硬币发行”,是指区块链初创企业发行的代币,以此来募集资金。
ICO的特点是,它是一种全新的融资模式,不受传统金融体系的限制,从而改变了传统融资模式。ICO可以让投资者以低成本、低风险的方式参与区块链创业,同时也可以让初创企业获得更多的资金。
ICO的运行机制也比较简单,发起方只需要发布一个ICO的计划,投资者可以以比特币或以太币的形式购买这些代币,以此来获取发行方的股权或收益权。
ICO的受欢迎程度,也反映出了区块链行业的发展势头。许多初创企业借助ICO发行代币,获得了大量的资金,而投资者也从中获得了收益,这种良性循环,也促进了区块链行业的发展。
不过,ICO也存在一定的风险。由于ICO的监管措施较少,投资者很容易受到骗局的影响,因此,投资者在参与ICO时,要谨慎对待,多加留意,以免上当受骗。
总而言之,ICO是一种新兴的融资模式,可以让投资者以低成本、低风险的方式参与区块链创业,同时也可以让初创企业获得更多的资金。但是,投资者也要谨慎对待,以免上当受骗。
请查看相关英文文档
A. What is Currency ICO
Currency is about the issuance, trading, speculation and all related activities of digital currency (virtual currency), as well as the individual users who participate. Or an institution. Common digital currencies include Bitcoin, Litecoin, etc. Bitcoin is the most heard of here, and many people usually participate in the buying and selling of Bitcoin. Bitcoin was proposed by Satoshi Nakamoto in 2008, with a total number of only 21 million. Its issuance does not rely on any institution. As Bitcoin continues to be mined, the difficulty of generating Bitcoin will increase in the future, and the cost of obtaining Bitcoin may be higher than the price of Bitcoin itself.
The content of this article comes from: "Financial Code of the People's Republic of China: Application Edition" by China Law Publishing House
B. What is ICO and why should the country ban it
Question 1: ICO is a blockchain industry term that is a common way to raise funds for cryptocurrency/blockchain projects, whereby early participants can receive initially generated cryptocurrency in return.
Question 2: Because ICO is an illegal public financing without approval, it is banned by the country.
Banning ICOs according to the announcement: At 3 pm on September 4, 2017, the People's Bank of China, led by the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, issued the "On Preventing Agents Announcement on Financing Risks of Coin Issuance”.
The "Announcement" points out that token issuance financing is essentially an illegal public financing without approval. It requires that all types of token issuance and financing activities should be stopped immediately from the date of the announcement. At the same time, it has Organizations and individuals that have completed token issuance financing will make arrangements for liquidation and other arrangements.
(2)Extended reading on ico blockchain business model:
At 3 pm on September 4, 2017, "About Preventing Token Issuance Financing Risk Announcement" The relevant matters are announced as follows:
1. Accurately understand the essential attributes of token issuance and financing activities
Token issuance financing refers to the illegal sale of tokens by financing entities, Circulation, raising so-called "virtual currencies" such as Bitcoin and Ethereum from investors, is essentially an act of illegal public financing without approval, and is suspected of illegal sales of tokens, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities.
Relevant departments will closely monitor relevant developments, strengthen work coordination with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely control market chaos. If suspected criminal issues are discovered, they will be transferred to judicial authorities.
Tokens or "virtual currencies" used in token issuance financing are not issued by monetary authorities, do not have monetary attributes such as legality and compulsory nature, do not have the same legal status as currency, cannot and will not It should be used as currency to circulate in the market.
2. No organization or individual may illegally engage in token issuance and financing activities
From the date of this announcement, eachQuasi-token issuance and financing activities should be stopped immediately. Organizations and individuals that have completed token issuance and financing should make arrangements such as liquidation and withdrawal, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with illegal activities that refuse to stop token issuance and financing activities and completed token issuance and financing projects in accordance with the law.
C. What does virtual currency lco mean?
Virtual currency ICO (abbreviation of Initial Coin Offering) is a kind of blockchain, which is an encrypted digital currency/blockchain. Common ways to raise funds for projects. This kind of blockchain is a relatively complex data structure and a distributed ledger that cannot be forged.
Virtual currency is different from checks and wire transfers. The value of virtual currency cannot be realized and cannot be transferred through banks. Currently, it can only circulate in the online world. Virtual currency is released by each network institution on its own and there is no unified issuance. and management practices.
(3)Extended reading on ico blockchain business model:
Virtual currency refers to a kind of virtual money on the Internet. That is, the information flow or data flow that replaces the circulation of physical currency in high technology. Today, with the rapid development of information technology, physical currency is far from being able to meet people's capital flow needs.
Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system.
Blockchain is an important concept of Bitcoin. It is essentially a disintermediated database and serves as the underlying technology of Bitcoin. The blockchain is a series of data blocks generated using cryptographic methods. Each data block contains information about a Bitcoin network transaction and is used to verify the validity of its information (anti-counterfeiting) and generate the next block.
Reference: Network: Virtual Coin
Network: ICO
Network: Blockchain
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D. What is ICO and why should the country ban it?
Question 1: ICO is a blockchain industry term and a way to raise funds for encrypted digital currency/blockchain projects. A common way for early participants to receive the initial generated cryptocurrency in return.
Question 2: Because ICO is an illegal public financing without approval, it is banned by the country.
Banning ICOs according to the announcement: At 3 pm on September 4, 2017, the People's Bank of China, led by the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, issued the "On Preventing Agents Announcement on Financing Risks of Coin Issuance”.
The "Announcement" points out that token issuance financing is essentially an act of illegal public financing without approval, and requires all types of tokens to be issued from the date of the announcement.Token issuance and financing activities will be stopped immediately. At the same time, organizations and individuals that have completed token issuance and financing will make arrangements for liquidation and other arrangements.
(4)Extended reading on ico blockchain business model:
At 3:00 pm on September 4, 2017, "About Preventing Token Issuance Financing Risk Announcement" The relevant matters are announced as follows:
1. Accurately understand the essential attributes of token issuance and financing activities
Token issuance financing refers to the illegal sale of tokens by financing entities, Circulation, raising so-called "virtual currencies" such as Bitcoin and Ethereum from investors, is essentially an act of illegal public financing without approval, and is suspected of illegal sales of tokens, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities.
Relevant departments will closely monitor relevant developments, strengthen work coordination with judicial departments and local governments, strictly enforce the law in accordance with the current working mechanism, and resolutely control market chaos. If suspected criminal issues are discovered, they will be transferred to judicial authorities.
Tokens or "virtual currencies" used in token issuance financing are not issued by monetary authorities, do not have monetary attributes such as legality and compulsory nature, do not have the same legal status as currency, cannot and will not It should be used as currency to circulate in the market.
2. No organization or individual may illegally engage in token issuance and financing activities
From the date of this announcement, all types of token issuance and financing activities shall be stopped immediately. Organizations and individuals that have completed token issuance and financing should make arrangements such as liquidation and withdrawal, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with illegal activities that refuse to stop token issuance and financing activities and completed token issuance and financing projects in accordance with the law.
E. The main features of the blockchain business model are
The blockchain distributed business model has the following characteristics:
1. Reduction Dimension
The traditional business model is high-dimensional and has extremely asymmetric information. For example, automobile manufacturers shield the cost and technical content of car manufacturing from customers, and companies obtain profits through information asymmetry. The Internet business model is mid-latitude. The platform controls all user information and all stakeholders are related on the platform. The platform seems to be fair to everyone, but in fact different users have different information and permissions.
The blockchain distributed business model is a low-dimensional one, which significantly reduces the dimensionality of the Internet and traditional business models. It is specifically realized as information symmetry, openness and transparency, equal power, removal of centralized platforms, and all users All transactions occur on the same level. For example, Alipay is an Internet business model. The Alipay platform holds information on hundreds of millions of users. All transactions must be processed through the Alipay settlement center. Alipay has the right to intervene in abnormal transfers it determines, and has the right to modify the rules and charge relevant fees in accordance with the set rules. And users can only passively obey. The relationship between Alipay and users is one of centralized power and obedience. The Bitcoin network can be understood as the Alipay systemThe parallel migration of the system on the blockchain is a decentralized point-to-point payment system. In the Bitcoin network, there is no centralized settlement system. Settlement and accounting can only be completed with the participation of all nodes. Its rule transactions are solidified by code, information is open and transparent, and node participation rights, accounting rights, and income rights are all are equal and characterized by high trust. The relationship between the Bitcoin network and each node is complementary and indispensable. If the Bitcoin network leaves node verification, the payment system cannot operate.
2. Distribution
Dimensionality reduction solves the unequal relationship between the original centralized organization and users, but once the dimensionality is reduced, a huge number of users will How (node) relationships are handled is the core of the blockchain business model. In a distributed network where everyone is the center and everyone is a node, obtaining benefits through fair competition on the basis of equal rights and responsibilities is in line with the characteristics of extreme competition in the market. For example, in the Bitcoin network, every node has equal power and competes fairly to obtain Bitcoin rewards based on POW. In the commodity traceability system, every node is an equal member, information is not controlled by any party, power is equal, and responsibilities and interests are clearly divided.
Distribution of power has an motivating effect in business models. Unfair competition is prone to occur in traditional business models and Internet business models, thus damaging the enthusiasm of entities to participate. For example, in the auction market, due to opaque information, it is difficult to avoid power rent-seeking and collusion. In the blockchain network, each node exists in a distributed manner and competes in an information-transparent environment. Therefore, the blockchain distributed business model is a model that conforms to the laws of the market, which can promote the market mechanism and improve the incentive effect of the market.
3. Equity decomposition
Equity decomposition may be the biggest innovation in the blockchain distributed business model. Generally, ownership includes four rights: possession, use, income, and disposal. In the traditional business model, property rights transfer generally includes the transfer of these four rights together, while property rights leasing only transfers the right to use, and the owner retains the rights of possession, income and disposal. Ownership and management rights may or may not be separated, and the separated management rights are in the hands of specific operators. In the Internet business model, ownership has begun to differentiate significantly. Users enjoy the right to use a large number of Internet products, but do not have the right to possess, benefit or dispose of them. Management rights have little to do with users, and only a small number of crowdsourcing products (***) are relevant.
In the blockchain distributed business model, there is a large degree of separation of possession, use, income, and disposal in ownership, a large degree of separation between ownership and operating rights, and decision-making rights, and operating rights and decision-making rights (partial) In the hands of ordinary users. In the Bitcoin network, those who hold Bitcoins enjoy the rights to the future income of Bitcoins, but do not have the right to possess them. The nodes control the settlement rights and accounting rights, and the blockchain network cannot leave the participation rights of the nodes. A more specific example is,When investors purchase stocks, they enjoy the equity of the listed company, including the rights of possession, use, income and disposal, but they have no operating rights, and most of them have no decision-making rights. When investors purchase currency, they do not have ownership of the project, but they have the right to future income from the currency, as well as the right to use and operate as a node (verification and accounting rights), and voting rights (decision-making rights). Of course, there are still many problems in the current rights, responsibilities and interests system. In many blockchain projects, the rights and interests of many blockchain projects cannot be guaranteed because investors have no ownership rights.
This decomposition of rights and interests leads to changes in the original relationship of rights, responsibilities and interests, thus forming a new business model. In the distributed business model, project owners, operators, decision-makers, users, and beneficiaries are separated from each other and at the same time interdependent. The ideal state may be that the beneficiary (coin holder) takes higher risks and makes profits through the money market, and the owner profits from the project profits, but the beneficiary reduces the income risk by participating in operations and decision-making.
The blockchain distributed business model still has a lot of room for development, the most critical of which is how to build a standardized currency market to protect the interests of the beneficiaries. In this way, in this business model, risks can be transferred, income distribution can be benign, and rights, responsibilities, and benefits can be more clearly defined.
F. What does ICO mean?
ICO is a blockchain industry term, and its full English name is Initial Coin Offering. It is a common way to raise funds for cryptocurrency/blockchain projects. Since the token has a market value, it can be exchanged for fiat currency, thereby supporting the development costs of the project. Therefore, some entrepreneurs will use this method when financing or raising funds for their blockchain projects. Early participants can receive the initially generated cryptocurrency in return.
(6)Extended reading on ico blockchain business model:
ICOs are commonly based on Ethereum (ETH) and BitShares (BTS) areas Blockchain issuance, the blockchain provides accounting services and value consensus, achieving global issuance and circulation. ICO participants are very important to the success of a project. They will promote the blockchain project in the community and ensure that the tokens it generates gain liquidity before they can start trading. However, what ICO participants value most is still the potential income brought about by the development of the project or the price appreciation after the token issuance.
G. What is blockchain technology and how it changes business and financial models
Blockchain technology is a distributed ledger technology that Allows multiple participants to jointly maintain a secure, transparent and immutable record on a decentralized network. Blockchain technology was originally designed for the digital currency Bitcoin, but is now widely used in many other fields.
The core features of blockchain technology include:
Decentralization: Blockchain has no central control agency, and dataDistributed on various nodes in the network, this makes it decentralized and reduces the risk of single points of failure.
Transparency: Transaction records on the blockchain are public to all participants, and anyone can view these records. This helps increase trust and reduce the risk of fraud.
Immutable: Once a transaction is recorded on the blockchain, it cannot be easily modified or deleted. This guarantees data integrity and security.
Smart contracts: Transactions on the blockchain can be automatically executed to implement "smart contracts", which automatically execute corresponding operations when specific conditions are met. This helps simplify complex business processes and reduce costs.
Blockchain technology has had a profound impact on business and financial models, which is mainly reflected in the following aspects:
Reducing costs: Blockchain technology can reduce intermediary links and reduce costs. Transaction costs and operating costs. For example, by adopting blockchain for cross-border payments, remittance fees can be significantly reduced.
Improving efficiency: The automation and smart contract features of blockchain technology help improve the efficiency of business processes, reduce manual intervention, and reduce error rates.
Enhance trust: The transparency and non-tamperability of blockchain technology help to establish a reliable trust system, reduce the risk of fraud, and provide better protection for commercial activities.
Innovative business models: Blockchain technology has spawned many new business models, such as decentralized finance (DeFi), digital asset trading, supply chain finance, etc. These new business models have brought disruptive changes to existing industries.
In short, blockchain technology, as an emerging technical means, is gradually changing the landscape of business and finance. With the continuous development of technology and the in-depth promotion of applications, blockchain is expected to have a more extensive and far-reaching impact in the future
H. What is the business model of blockchain
First of all , the blockchain itself has no business model at all.
You are talking about using blockchain technology to combine with a certain industry, which is what we call "blockchain +". After combining specific projects, we will deeply combine technology and industry, and then develop Corresponding landing application.
Characteristics of blockchain technology and applicable fields
① Data cannot be tampered with. Blockchain is a decentralized distributed database. There is no centralized server and it is not controlled by a single person. Or it can be controlled by a certain organization. The data in the blockchain system is stored in each node. If the data on the node is changed, it will not be verified in the entire blockchain network. With This feature is that finance, public government affairs data, audit data, etc. will be put to good use.
② Distributed storage. In the District Kuailian system, each running node has a complete copy of the data, which allows each node to independently verify and retrieve data, greatly increasing the reliability of the system. Sex, combine this blockThe characteristics of chain technology are applied to games. Everyone is familiar with the fact that our games are all applied on a game server, which can greatly increase the stability of the game and improve the player’s gaming experience
③Anonymity, Traditional software clients all need to register a user name, bind a mobile phone number, etc. In order to increase the user's recognition, some will also add identity authentication, combined with blockchain technology, and converted from the public key generated by a public cryptographic algorithm. , which is usually a garbled string. The Bitcoin system is like this, but we don’t know who the operator is behind it
So combined with this technical feature, we can use it for online payment, collection, property on the chain, etc., which is huge User information is protected.