The article discusses the resurgence of initial coin offerings (ICOs) in the crypto industry. It highlights the recent success of Corn's token sale, which was oversubscribed and had to turn away thousands of investors. Corn merges public token sales and yield farming, using tokenized wrapped bitcoin (BTCN) as its native asset. The ICO was conducted through the MiCA-compliant token sale platform Legion, which connects projects with the right capital. Legion requires participants to undergo KYC and allows them to connect their crypto wallets and GitHub profiles. The article emphasizes the fairness and transparency of Corn's offering, with no side letters or undisclosed deals. The return of ICOs suggests potential improvements in the industry, aiming for a more open and inclusive approach.
Content Editor ( blockworks.co )
- 2025-01-22
ICO for bitcoin yield farming chain Corn screams we’re so back
