What is an ICO?
An ICO (Initial Coin Offering) is an innovative fundraising method in the field of crypto-assets.
It is inspired by the principle of an initial public offering (IPO), but applies to the digital universe: instead of shares, a company issues tokens, digital assets created on the blockchain.
These tokens may then have several uses depending on the project, for example granting access to certain services or benefits within the company’s ecosystem.
Once the ICO is completed, the tokens may be traded on cryptocurrency platforms at a price determined by supply and demand.
Participants therefore hope to benefit from the development of the project in which they have invested.
However, it is important to note that an ICO, like any investment, remains a risky operation: the invested funds are not guaranteed and do not entitle investors to an automatic refund of the capital.
The ICO at the origin of the AKTIO token
At the time of its launch, the crypto-asset market was undergoing a phase of rapid innovation and widespread adoption:
- ICOs were a common financing method
- Many technological projects relied on utility tokens
- The objective was to finance development while distributing a token usable by the community
In this context, the AKTIO ICO was part of a logic that was widely spread in the industry at that time.
What were participants entitled to expect from the AKTIO token ICO?
In terms of use, participants could expect:
- The existence of a functional and usable token
- Access to specific features or programmes
- A gradual rollout of uses, in line with the roadmap presented in the White Papers
AKTIO has always been presented as a tool for access and use, and not as a financial asset entitling holders to income.
This qualification is confirmed by the legal note governing the AKTIO token.