Malta See’s The World’s First ICCO – Initial Convertible Coin Offering, But What Is It?

Malta See’s The World’s First ICCO – Initial Convertible Coin Offering, But What Is It?
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-7-11 08:00

Yesterday, The Malta Times reported on the world’s first ICCO, a regulated Initial ‘Convertible’ Coin Offering. You can see the full report for yourself, here. What is an ICCO? First off, this ICCO is regulated by the Malta Financial Services Authority so therefore meets a range of stringent restrictions designed to make investment safer.

The next part of this, the part that makes it unique is the idea of conversion. Within this, investors are able to use their purchased ICCO tokens, to convert them into shares of Palladium in three years time.

Continue reading Malta See’s The World’s First ICCO – Initial Convertible Coin Offering, But What Is It? at Crypto Daily™.

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