How it works
An ICO lets you back a project before its token is on sale to everyone. Here's the whole process.
- 1
A project creates an offering
The creator sets how much SOL they want to raise (a minimum and a hard cap), how many tokens are for sale, the limits per person and the opening and closing times. These rules can't change once the offering opens.
- 2
You participate
While the offering is live, you choose how much SOL to put in, within the per-account limit. The exact token amount is not known in advance — it is set by the initial Pump.fun purchase at launch, and you receive a share proportional to your eligible contribution.
- 3
It succeeds, or everyone is refunded
At the closing time, if the minimum was reached the offering succeeds. If not, it fails and every contributor can reclaim their full SOL. The creator receives nothing from a failed offering.
- 4
The project launches on Pump.fun
After a successful offering, the project is intended to launch publicly on Pump.fun, where Pump.fun's own bonding curve and trading rules apply. How your allocation is settled will follow the final verified design. Pump.fun is a third-party protocol, not affiliated with ICO, and this integration is not built yet.
Tokens are not shares
Buying a token doesn't make you an owner of the project or the company behind it. Tokens usually don't come with profits, votes on the company or any legal claim. What a token does is set by each project, so read the offering page before you take part.
Know the risks
- New tokens can lose most or all of their value.
- Projects can fail, change plans or stop building.
- ICO doesn't verify projects or give advice.
- Only put in what you can afford to lose.
Where ICO is today
You can create an account, browse offerings and save a launch draft. Contributing, claiming and refunds are not available yet, because the smart contract that will hold contributions is still being built and audited. Your ICO account is not a wallet: we never create or hold keys or funds.