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What company is ICO (ICOM Company)

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What company is ICO (ICOM Company)

What company is ICO? According to Cryptoglobal, what company is ICO? ICO is a financing method that raises funds in the market through the issuance of securities. The main purpose of ICO is to raise funds and provide technical support or services for these projects without investors. According to the US SEC, an initial public offering (IPO) is an investment contract that allows companies to sell stocks to qualified investors in the form of token sales; Alternatively, the company can serve as a proof of equity to represent the compensation that the participating company wishes to receive. Therefore, ICO is a novel form similar to crowdfunding, but it is actually more like a direct marketing tool for companies such as early hedge funds, private equity, and venture capital

ICOM Company

According to the official information of ICOM Company, on May 18th this year, iCOM announced a partnership with American payment provider MoneyGram to launch encryption services. Shortly after the official launch of the token to the public in early 2018, ICOM became the first digital currency payment platform recognized by the SEC, and also received support from several internationally renowned financial institutions, including Coinbase, Gemini, and PayPal

John Wu, CEO of icom, said, “As more and more traditional enterprises accept and use Cryptocurrency as a means of settlement to reduce their costs and service levels, we hope to integrate encryption technology into their businesses.”

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