When an ICO receives information from the blockchain network, it updates its balance accordingly. This ensures that the ICO’s records are accurate and up-to-date.
Other related questions:
Q: How does the ICOs work?
A: ICO stands for Initial Coin Offering. It is a new form of investment that allows startups to raise capital by selling digital tokens in exchange for investments. ICOs are similar to IPOs (Initial Public Offerings) but with a few key differences. ICOs are usually not regulated by governments, which makes them a high-risk investment. However, ICOs have the potential to offer high returns if the project is successful.
Q: What happens when a token migrates?
A: When a token migrates, it essentially moves from one blockchain to another. This can happen for a variety of reasons, but usually it is done in order to take advantage of the features or benefits of the new blockchain. For example, a token might migrate from a less popular blockchain to a more popular one in order to get more exposure, or it might move to a blockchain that supports more advanced features. In any case, the token will still exist on the old blockchain until it is completely removed, at which point it will only exist on the new blockchain.
Q: How are ICOs regulated?
A: There is no one answer to this question as ICOs can be regulated in different ways depending on the country they are based in. However, in general, ICOs may be subject to securities laws and regulations, anti-money laundering laws and regulations, and/or other financial regulations.
Q: How is ICO price calculated?
A: The ICO price is calculated by taking the current market price of the underlying asset and subtracting the ICO discount.