on-01 What is an ICO?

An ICO (Initial Coin Offering) is the issuance of digital tokens. The revenues generated from tokens are used to further business ventures. In an ICO, a newly issued token is sold to the buyers in exchange for fiat or cryptocurrencies. The newly issued token will have a genuine utility or application within the project. For our ICO, the DAXT will unlock the Pot Allocation System during ICO pre-sales on our platform.