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Hey, can someone explain what an ICO is? I’ve heard the term in crypto spaces but don’t fully understand how it works or how it’s different from other fundraising methods.

Sure thing! An ICO (Initial Coin Offering) is basically a crowdfunding method where new crypto projects sell their tokens to early investors to raise capital. It’s similar to an IPO but for cryptocurrencies. I found this detailed guide that explains everything—how ICOs work, their risks, and how they differ from initial coin offering https://paybis.com/blog/glossary/initial-coin-offering . Really helped me grasp the pros and cons!