This article has been translated from English to Gen Z Slang.

An initial coin offering or ICO is basically a wild west way for new crypto startups to hype up their squad and snag some bag 💰 by handing out tokens. 🚀

We call it a “crowdsale” ‘cause peeps who jump in on an ICO might just score some mad gains on their stacks, unlike regular crowdfunding where you're just tossing your cash at a passion project or cause. 💸✨