Getting Up-To-Speed on Cryptocurrency: What are Tokens, App Coins, and ICOs?

Cryptocurrencies are gathering speed—there are now over 4,300 cryptocoins and over $500 million was raised through crowdsales and initial coin offerings (ICOs) in the first half of 2017. If you’re feeling a little left behind regarding how this decentralized financial system works, here we break down some of the key terms for you. Quick refresh on cryptocurrencies Cryptocurrency, or digital/virtual currency, operates independently of central…

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