Token Sale(Token Sale) Beginner’s Guide
Token Sale An activity in which a project issues tokens in exchange for another cryptocurrency; it is also known as an Initial Coin Offering. When understanding this concept, focus on distinguishing its basic exchange mechanism, fundraising nature, and differences from issuance methods led by trading platforms.
Basic Meaning
Token Sale The core of a Token Sale is issuing tokens and using them to exchange for another cryptocurrency. It is often called an Initial Coin Offering (ICO). From the project’s perspective, this is a way to raise funds; a new project sells its cryptocurrency to investors to obtain the resources needed to advance the project.
Related Concepts and Differences
Initial Exchange Offering（IEO) is likewise a fundraising method, but it is organized or operated by a cryptocurrency exchange platform. This is the primary difference between it and a general Token Sale. Project materials may also include a Roadmap, which explains the project’s objectives, interim milestones, and expected completion times, helping readers understand the plan.
Original Tutorial
https://www.binance.com/en/academy/glossary/token-sale
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