Digital Token is a digital representation of values and/or rights. The digital tokens could be offered to public through ICO (Initial Coin Offering) method.

ICO is a new and innovative public fundraising method through Digital Tokens on blockchain. The name may be similar to Intial Public Offering (IPO), but there are quite a few differences. For ICO the investors may not be the equity owner like they would in an IPO, however, they will be entitled to the returns/rights according to the Whitepaper which is issued by the Token Issuer.

A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.

Companies who wish to raise-fund for further development of their businesses.

An ICO Portal is a provider of an electronic system for facilitating the offering of newly issued digital tokens. The ICO portal's duties include performing due diligence on the characteristics of digital tokens to be offered and qualifications of issuer, and ensuring completeness and accuracy of information contained in the registration statements, draft prospectus or any other information to be disclosed through the portal.

Furthermore, as a platform the ICO portal has to provide KYC to know their investors, perform suitability tests, and inform investors regarding the risks of investing in DIgital Tokens.