Ultimate Process of ICO Development Initial coin offerings are another form of digital tokens that are used by businesses to raise capital. By using the ICO platform, Investors receive genuine tokens in exchange for their investment in the business. It is a unique token function because it helps open-source software projects and allows investors access to some features of a project operated by the company. These tokens can be transferred over the network and traded on digital currency exchanges. It can perform a number of different functions from granting access to a specific service to entitling them to corporate dividends.