variants or I.C.O.
plural ICOs or I.C.O.s
: an initial offering of a cryptocurrency to the public : initial coin offering
The venture capital industry is beginning to take a good, hard look at a new financial instrument coming out of the bitcoin community—Initial Coin Offerings, or ICOs.Richard Kastelein

Examples of ICO in a Sentence

Recent Examples on the Web
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Despite these challenges, Switzerland remains a hub for innovation, with the successful launch of Ethereum’s initial coin offering (ICO) in 2014 serving as a key example of how regulatory clarity can foster growth in the industry. Tonya Evans, Forbes, 22 Sep. 2024 According to The Telegraph, the Information Commissioner’s Office (ICO) requires organizations to alert them of data security breaches within 72 hours of discovery, but the London Clinic reportedly did not contact the privacy and data watchdog until more than a week after Middleton was discharged. Lea Veloso, StyleCaster, 9 Sep. 2024 Fun fact: Ether's 10-year anniversary was Sunday — its ICO started July 22, 2014. Crystal Kim, Axios, 22 July 2024 Grindr was punished by UK and Norway The law firm's press release points to the fact that the UK Information Commissioner's Office (ICO) reprimanded Grindr in July 2022. Jon Brodkin, Ars Technica, 23 Apr. 2024 Tezos raised $230 million in a 2017 initial coin offering (ICO), and the current market capitalization for its XTZ token is $1.2 billion. Steven Ehrlich, Forbes, 27 Mar. 2024 The business has its roots in the period of initial coin offering (ICO) boom and bust in 2018. David Prosser, Forbes, 8 Mar. 2023 There are echoes of the 2017 ICO (initial coin offering) bubble when several new coins struggled after the initial rush. Prathamesh Mulye, Quartz India, 24 Sep. 2020

Word History

First Known Use

2014, in the meaning defined above

Time Traveler
The first known use of ICO was in 2014

Dictionary Entries Near ICO

Cite this Entry

“ICO.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/ICO. Accessed 16 Nov. 2024.

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