initial coin offering

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initial coin offering (plural initial coin offerings)

  1. The initial price of a cryptocurrency
    • 2014 August 2, Cawrey, Daniel, “The Promise and Pitfalls of Crypto Crowdfunding”, in CoinDesk[1], archived from the original on 2014-08-05:
      The idea of an appcoin is not without its critics, however, as the topic broaches the sensitive topic of how assets are pre-allocated by cryptocurrency projects. In the altcoin world, where the development team commonly keeps a certain share of the initial coin offering, this process is known as premining.