ICO is a convenient, fast and open for everyone way to get support for a project quickly. Because of this, ICOs are blooming right now, attracting giant amount of capital from all over the world. FIleCoin, which recently attracted nearly 200 million USD in less than an hour.
And lots of great ideas are raising comparable sums of money that way. However, these ICOs have impeding flaws that make coin sale buggy, slow and unreliable. And all of these problems can be easily solved by introduction of ICO token options.
In finance, option is a right, but not an obligation, to buy or sell a financial instrument or goods in the future at a price that is agreed upon today. Traditionally, financial instruments were common stocks and bonds.
However, with advance of the economic system, the list of financial instruments expanded to ETFs, pension funds, index funds, security packages and many other more sophisticated investment vehicles.