{"id":62279,"date":"2023-12-01T09:11:56","date_gmt":"2023-12-01T00:11:56","guid":{"rendered":"https:\/\/monolith.law\/hi\/?p=62279"},"modified":"2025-12-03T10:23:58","modified_gmt":"2025-12-03T01:23:58","slug":"comparison-ico-ipo","status":"publish","type":"post","link":"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo","title":{"rendered":"\u0906\u0908\u092a\u0940\u0913 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 \u0906\u0908\u0938\u0940\u0913 \u0915\u0947 \u092b\u093e\u092f\u0926\u0947 \u0914\u0930 \u0928\u0941\u0915\u0938\u093e\u0928"},"content":{"rendered":"\n<p>\u092c\u093f\u091f\u0915\u0949\u0907\u0928 \u0906\u0926\u093f \u0915\u0940 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u0940 \u092c\u093e\u091c\u093e\u0930 \u092e\u0942\u0932\u094d\u092f \u092e\u0947\u0902 \u0924\u0947\u091c\u0940 \u092f\u093e \u0917\u093f\u0930\u093e\u0935\u091f \u091c\u0948\u0938\u0947 \u092e\u0941\u0926\u094d\u0926\u094b\u0902 \u092a\u0930 \u092c\u0939\u0938 \u0939\u094b\u0928\u0947 \u0932\u0917\u0940 \u0939\u0948, \u0910\u0938\u0947 \u092e\u0947\u0902 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u094b \u092a\u0942\u0902\u091c\u0940 \u0928\u093f\u0935\u0947\u0936 \u0915\u093e \u090f\u0915 \u0924\u0930\u0940\u0915\u093e \u092e\u093e\u0928\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948, \u091c\u093f\u0938\u0928\u0947 \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u0903 \u0932\u094b\u0917\u094b\u0902 \u0915\u0947 \u092c\u0940\u091a \u092e\u0947\u0902 \u092d\u0940 \u0905\u092a\u0928\u0940 \u092e\u093e\u0928\u094d\u092f\u0924\u093e \u092c\u0928\u093e \u0932\u0940 \u0939\u0948\u0964 \u092f\u0926\u094d\u092f\u092a\u093f \u0907\u0938\u092e\u0947\u0902 \u091c\u094b\u0916\u093f\u092e \u0914\u0930 \u0932\u093e\u092d \u0926\u094b\u0928\u094b\u0902 \u092c\u0921\u093c\u0947 \u0939\u094b \u0938\u0915\u0924\u0947 \u0939\u0948\u0902, \u0907\u0938\u0932\u093f\u090f \u0907\u0938\u092e\u0947\u0902 \u0915\u093f\u0924\u0928\u0940 \u0930\u0941\u091a\u093f \u0939\u094b \u0938\u0915\u0924\u0940 \u0939\u0948, \u092f\u0939 \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0915\u0947 \u090a\u092a\u0930 \u0928\u093f\u0930\u094d\u092d\u0930 \u0915\u0930\u0924\u093e \u0939\u0948, \u0932\u0947\u0915\u093f\u0928 \u0928\u093f\u0935\u0947\u0936 \u092e\u0947\u0902 \u0930\u0941\u091a\u093f \u0930\u0916\u0928\u0947 \u0935\u093e\u0932\u0947 \u0932\u094b\u0917\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f, \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0928\u0947 \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0915\u0941\u091b \u0928 \u0915\u0941\u091b \u0938\u094b\u091a\u0928\u093e \u0938\u094d\u0935\u093e\u092d\u093e\u0935\u093f\u0915 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<p>\u0932\u0947\u0915\u093f\u0928 \u092f\u0939 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940, \u0928\u093f\u0935\u0947\u0936 \u0915\u0947 \u0932\u093f\u090f \u0938\u093f\u0930\u094d\u092b \u092e\u094c\u091c\u0942\u0926\u093e \u092e\u0941\u0926\u094d\u0930\u093e \u0915\u094b \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0905\u0932\u093e\u0935\u093e, \u0935\u093e\u0938\u094d\u0924\u0935 \u092e\u0947\u0902 \u0916\u0941\u0926 \u0915\u094b \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u0947 \u091c\u093e\u0930\u0940\u0915\u0930\u094d\u0924\u093e \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u0938\u094d\u0925\u093e\u092a\u093f\u0924 \u0915\u0930\u0915\u0947, \u0926\u0942\u0938\u0930\u094b\u0902 \u0938\u0947 \u0928\u093f\u0935\u0947\u0936 \u0906\u0915\u0930\u094d\u0937\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u093e \u090f\u0915 \u0924\u0930\u0940\u0915\u093e \u092d\u0940 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u093e \u0909\u092a\u092f\u094b\u0917 \u0915\u0930\u0915\u0947, \u092e\u0941\u0926\u094d\u0930\u093e \u0915\u0947 \u092c\u0926\u0932\u0947 \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0906\u0915\u0930\u094d\u0937\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u0940 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0915\u094b IT \u0936\u092c\u094d\u0926\u093e\u0935\u0932\u0940 \u092e\u0947\u0902 ICO (\u0906\u0908-\u0938\u0940-\u0913, Initial Coin Offering \u0915\u093e \u0938\u0902\u0915\u094d\u0937\u0947\u092a) \u0915\u0939\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u093e \u0907\u0932\u0947\u0915\u094d\u091f\u094d\u0930\u0949\u0928\u093f\u0915 \u092e\u0928\u0940 \u0906\u0926\u093f \u092e\u094c\u091c\u0942\u0926\u093e \u0924\u0915\u0928\u0940\u0915 \u0938\u0947 \u0920\u094b\u0938 \u0905\u0902\u0924\u0930 \u092f\u0939 \u0939\u0948 \u0915\u093f \u0907\u0938\u0928\u0947 ICO \u0928\u093e\u092e\u0915 \u0928\u090f \u092a\u0942\u0902\u091c\u0940 \u0906\u0915\u0930\u094d\u0937\u0923 \u0915\u0947 \u0924\u0930\u0940\u0915\u0947 \u0915\u094b \u0938\u0902\u092d\u0935 \u092c\u0928\u093e\u092f\u093e \u0939\u0948\u0964 \u092f\u0939 \u0928\u0908 \u0924\u0915\u0928\u0940\u0915, \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940, \u0938\u092e\u093e\u091c \u0915\u094b \u0928\u090f \u092a\u0942\u0902\u091c\u0940 \u0906\u0915\u0930\u094d\u0937\u0923 \u0915\u0947 \u0924\u0930\u0940\u0915\u0947 \u0915\u093e \u0938\u0941\u091d\u093e\u0935 \u0926\u0947\u0924\u0940 \u0939\u0948\u0964 \u0907\u0938\u0932\u093f\u090f, \u092f\u0939 \u092e\u094c\u091c\u0942\u0926\u093e \u0935\u093f\u0924\u094d\u0924\u0940\u092f \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u0915\u0947 \u0924\u0930\u0940\u0915\u0947 \u092a\u0930 \u092c\u0921\u093c\u093e \u092a\u094d\u0930\u092d\u093e\u0935 \u0921\u093e\u0932 \u0938\u0915\u0924\u0940 \u0939\u0948, \u0914\u0930 \u0907\u0938\u092e\u0947\u0902 \u092c\u0921\u093c\u0940 \u0909\u092e\u094d\u092e\u0940\u0926\u0947\u0902 \u0914\u0930 \u091a\u093f\u0902\u0924\u093e\u090f\u0902 \u0909\u0924\u094d\u092a\u0928\u094d\u0928 \u0939\u094b \u0938\u0915\u0924\u0940 \u0939\u0948\u0902\u0964<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#IPO_%E0%A4%94%E0%A4%B0_ICO_%E0%A4%95%E0%A5%87_%E0%A4%B8%E0%A4%BE%E0%A4%AE%E0%A4%BE%E0%A4%A8%E0%A5%8D%E0%A4%AF%E0%A4%A4%E0%A4%BE%E0%A4%8F%E0%A4%82\" title=\"IPO \u0914\u0930 ICO \u0915\u0947 \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u093e\u090f\u0902\">IPO \u0914\u0930 ICO \u0915\u0947 \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u093e\u090f\u0902<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#IPO_%E0%A4%95%E0%A5%87_%E0%A4%B5%E0%A4%BF%E0%A4%B6%E0%A5%87%E0%A4%B7%E0%A4%9C%E0%A5%8D%E0%A4%9E_%E0%A4%91%E0%A4%A1%E0%A4%BF%E0%A4%9F_%E0%A4%95%E0%A4%82%E0%A4%AA%E0%A4%A8%E0%A4%BF%E0%A4%AF%E0%A5%8B%E0%A4%82_%E0%A4%94%E0%A4%B0_%E0%A4%9A%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%9F%E0%A4%B0%E0%A5%8D%E0%A4%A1_%E0%A4%8F%E0%A4%95%E0%A4%BE%E0%A4%89%E0%A4%82%E0%A4%9F%E0%A5%87%E0%A4%82%E0%A4%9F%E0%A5%8D%E0%A4%B8_%E0%A4%B9%E0%A5%8B%E0%A4%A4%E0%A5%87_%E0%A4%B9%E0%A5%88%E0%A4%82_%E0%A4%B2%E0%A5%87%E0%A4%95%E0%A4%BF%E0%A4%A8_ICO_%E0%A4%95%E0%A5%87_%E0%A4%AC%E0%A4%BE%E0%A4%B0%E0%A5%87_%E0%A4%AE%E0%A5%87%E0%A4%82_%E0%A4%95%E0%A5%8D%E0%A4%AF%E0%A4%BE\" title=\"IPO \u0915\u0947 \u0935\u093f\u0936\u0947\u0937\u091c\u094d\u091e \u0911\u0921\u093f\u091f \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0914\u0930 \u091a\u093e\u0930\u094d\u091f\u0930\u094d\u0921 \u090f\u0915\u093e\u0909\u0902\u091f\u0947\u0902\u091f\u094d\u0938 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902, \u0932\u0947\u0915\u093f\u0928 ICO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0915\u094d\u092f\u093e?\">IPO \u0915\u0947 \u0935\u093f\u0936\u0947\u0937\u091c\u094d\u091e \u0911\u0921\u093f\u091f \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0914\u0930 \u091a\u093e\u0930\u094d\u091f\u0930\u094d\u0921 \u090f\u0915\u093e\u0909\u0902\u091f\u0947\u0902\u091f\u094d\u0938 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902, \u0932\u0947\u0915\u093f\u0928 ICO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0915\u094d\u092f\u093e?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#ICO_%E0%A4%95%E0%A5%87_%E0%A4%B2%E0%A4%BE%E0%A4%AD\" title=\"ICO \u0915\u0947 \u0932\u093e\u092d\">ICO \u0915\u0947 \u0932\u093e\u092d<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%B2%E0%A4%BE%E0%A4%AD_1_%E0%A4%AA%E0%A5%8D%E0%A4%B0%E0%A4%95%E0%A5%8D%E0%A4%B0%E0%A4%BF%E0%A4%AF%E0%A4%BE_%E0%A4%86%E0%A4%B8%E0%A4%BE%E0%A4%A8_%E0%A4%B9%E0%A5%88_%E0%A4%94%E0%A4%B0_%E0%A4%B2%E0%A4%BE%E0%A4%97%E0%A4%A4_%E0%A4%95%E0%A5%8B_%E0%A4%95%E0%A4%AE_%E0%A4%95%E0%A4%BF%E0%A4%AF%E0%A4%BE_%E0%A4%9C%E0%A4%BE_%E0%A4%B8%E0%A4%95%E0%A4%A4%E0%A4%BE_%E0%A4%B9%E0%A5%88\" title=\"\u0932\u093e\u092d 1: \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0906\u0938\u093e\u0928 \u0939\u0948 \u0914\u0930 \u0932\u093e\u0917\u0924 \u0915\u094b \u0915\u092e \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948\">\u0932\u093e\u092d 1: \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0906\u0938\u093e\u0928 \u0939\u0948 \u0914\u0930 \u0932\u093e\u0917\u0924 \u0915\u094b \u0915\u092e \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%B2%E0%A4%BE%E0%A4%AD_2_%E0%A4%A8%E0%A4%BF%E0%A4%AF%E0%A4%82%E0%A4%A4%E0%A5%8D%E0%A4%B0%E0%A4%A3_%E0%A4%85%E0%A4%A7%E0%A4%BF%E0%A4%95%E0%A4%BE%E0%A4%B0_%E0%A4%B8%E0%A5%8C%E0%A4%82%E0%A4%AA%E0%A5%87_%E0%A4%AC%E0%A4%BF%E0%A4%A8%E0%A4%BE_%E0%A4%A7%E0%A4%A8_%E0%A4%9C%E0%A5%81%E0%A4%9F%E0%A4%BE%E0%A4%A8%E0%A4%BE_%E0%A4%B8%E0%A4%82%E0%A4%AD%E0%A4%B5_%E0%A4%B9%E0%A5%88\" title=\"\u0932\u093e\u092d 2: \u0928\u093f\u092f\u0902\u0924\u094d\u0930\u0923 \u0905\u0927\u093f\u0915\u093e\u0930 \u0938\u094c\u0902\u092a\u0947 \u092c\u093f\u0928\u093e \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u093e \u0938\u0902\u092d\u0935 \u0939\u0948\">\u0932\u093e\u092d 2: \u0928\u093f\u092f\u0902\u0924\u094d\u0930\u0923 \u0905\u0927\u093f\u0915\u093e\u0930 \u0938\u094c\u0902\u092a\u0947 \u092c\u093f\u0928\u093e \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u093e \u0938\u0902\u092d\u0935 \u0939\u0948<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%B2%E0%A4%BE%E0%A4%AD_3_%E0%A4%95%E0%A4%82%E0%A4%AA%E0%A4%A8%E0%A5%80_%E0%A4%95%E0%A5%87_%E0%A4%B8%E0%A5%8D%E0%A4%A4%E0%A4%B0_%E0%A4%AA%E0%A4%B0_%E0%A4%95%E0%A4%B0%E0%A4%A8%E0%A5%87_%E0%A4%95%E0%A5%80_%E0%A4%86%E0%A4%B5%E0%A4%B6%E0%A5%8D%E0%A4%AF%E0%A4%95%E0%A4%A4%E0%A4%BE_%E0%A4%A8%E0%A4%B9%E0%A5%80%E0%A4%82_%E0%A4%B9%E0%A5%8B%E0%A4%A4%E0%A5%80\" title=\"\u0932\u093e\u092d 3: \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940\">\u0932\u093e\u092d 3: \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#ICO_%E0%A4%95%E0%A5%87_%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8\" title=\"ICO \u0915\u0947 \u0928\u0941\u0915\u0938\u093e\u0928\">ICO \u0915\u0947 \u0928\u0941\u0915\u0938\u093e\u0928<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_1_%E0%A4%85%E0%A4%AD%E0%A5%80_%E0%A4%A4%E0%A4%95_%E0%A4%B8%E0%A4%BE%E0%A4%AE%E0%A4%BE%E0%A4%A8%E0%A5%8D%E0%A4%AF_%E0%A4%A8%E0%A4%B9%E0%A5%80%E0%A4%82_%E0%A4%B9%E0%A5%81%E0%A4%86\" title=\"\u0928\u0941\u0915\u0938\u093e\u0928 1: \u0905\u092d\u0940 \u0924\u0915 \u0938\u093e\u092e\u093e\u0928\u094d\u092f \u0928\u0939\u0940\u0902 \u0939\u0941\u0906\">\u0928\u0941\u0915\u0938\u093e\u0928 1: \u0905\u092d\u0940 \u0924\u0915 \u0938\u093e\u092e\u093e\u0928\u094d\u092f \u0928\u0939\u0940\u0902 \u0939\u0941\u0906<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_2_%E0%A4%A7%E0%A5%8B%E0%A4%96%E0%A4%BE%E0%A4%A7%E0%A4%A1%E0%A4%BC%E0%A5%80_%E0%A4%95%E0%A5%87_%E0%A4%86%E0%A4%B6%E0%A4%82%E0%A4%95%E0%A4%BE\" title=\"\u0928\u0941\u0915\u0938\u093e\u0928 2: \u0927\u094b\u0916\u093e\u0927\u0921\u093c\u0940 \u0915\u0947 \u0906\u0936\u0902\u0915\u093e\">\u0928\u0941\u0915\u0938\u093e\u0928 2: \u0927\u094b\u0916\u093e\u0927\u0921\u093c\u0940 \u0915\u0947 \u0906\u0936\u0902\u0915\u093e<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_3_%E0%A4%AA%E0%A4%BF%E0%A4%9B%E0%A4%B2%E0%A5%87_%E0%A4%AE%E0%A4%BE%E0%A4%AE%E0%A4%B2%E0%A5%87_%E0%A4%85%E0%A4%AD%E0%A5%80_%E0%A4%AD%E0%A5%80_%E0%A4%95%E0%A4%AE_%E0%A4%B9%E0%A5%88%E0%A4%82\" title=\"\u0928\u0941\u0915\u0938\u093e\u0928 3: \u092a\u093f\u091b\u0932\u0947 \u092e\u093e\u092e\u0932\u0947 \u0905\u092d\u0940 \u092d\u0940 \u0915\u092e \u0939\u0948\u0902\">\u0928\u0941\u0915\u0938\u093e\u0928 3: \u092a\u093f\u091b\u0932\u0947 \u092e\u093e\u092e\u0932\u0947 \u0905\u092d\u0940 \u092d\u0940 \u0915\u092e \u0939\u0948\u0902<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/hi\/general-corporate\/comparison-ico-ipo\/#%E0%A4%B8%E0%A4%BE%E0%A4%B0%E0%A4%BE%E0%A4%82%E0%A4%B6\" title=\"\u0938\u093e\u0930\u093e\u0902\u0936\">\u0938\u093e\u0930\u093e\u0902\u0936<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO_%E0%A4%94%E0%A4%B0_ICO_%E0%A4%95%E0%A5%87_%E0%A4%B8%E0%A4%BE%E0%A4%AE%E0%A4%BE%E0%A4%A8%E0%A5%8D%E0%A4%AF%E0%A4%A4%E0%A4%BE%E0%A4%8F%E0%A4%82\"><\/span>IPO \u0914\u0930 ICO \u0915\u0947 \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u093e\u090f\u0902<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u0924\u094b \u092f\u0939 &#8220;\u0916\u0941\u0926 \u0915\u093e \u0915\u094d\u0930\u093f\u092a\u094d\u091f\u094b\u0915\u0930\u0947\u0902\u0938\u0940 \u091c\u093e\u0930\u0940 \u0915\u0930\u0928\u093e&#8221; \u0914\u0930 &#8220;\u0915\u094d\u0930\u093f\u092a\u094d\u091f\u094b\u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u093e \u0909\u092a\u092f\u094b\u0917 \u0915\u0930\u0915\u0947 \u0927\u0928 \u0907\u0915\u091f\u094d\u0920\u093e \u0915\u0930\u0928\u093e&#8221; \u0935\u093e\u0938\u094d\u0924\u0935 \u092e\u0947\u0902 \u0915\u094c\u0928 \u0938\u0947 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947 \u0939\u094b\u0924\u093e \u0939\u0948? \u0935\u093e\u0938\u094d\u0924\u0935 \u092e\u0947\u0902, \u092f\u0939 \u092e\u094c\u091c\u0942\u0926\u093e IPO (\u0906\u0908\u092a\u0940\u0913, Initial Public Offering, \u091c\u093f\u0938\u0947 \u0928\u0908 \u092a\u094d\u0930\u093e\u0925\u092e\u093f\u0915 \u092a\u092c\u094d\u0932\u093f\u0915 \u0911\u092b\u0930\u093f\u0902\u0917 \u092d\u0940 \u0915\u0939\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964) \u0915\u0947 \u0938\u092e\u093e\u0928 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947 \u0939\u094b\u0924\u093e \u0939\u0948\u0964 IPO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0935\u093f\u0938\u094d\u0924\u0943\u0924 \u0935\u093f\u0935\u0930\u0923 \u0915\u0947 \u0932\u093f\u090f, \u0939\u092e \u0905\u0928\u094d\u092f \u0938\u0902\u0926\u0930\u094d\u092d \u092a\u0941\u0938\u094d\u0924\u0915\u094b\u0902 \u0914\u0930 \u0905\u0927\u093f\u0915 \u0935\u093f\u0938\u094d\u0924\u0943\u0924 \u0935\u0947\u092c\u0938\u093e\u0907\u091f\u094b\u0902 \u0915\u094b \u0938\u094c\u0902\u092a \u0926\u0947\u0902\u0917\u0947, \u0932\u0947\u0915\u093f\u0928 \u0935\u093e\u0938\u094d\u0924\u0935 \u092e\u0947\u0902, \u0907\u0938 IPO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u092e\u0942\u0932 \u091c\u094d\u091e\u093e\u0928 \u0915\u094b \u0938\u092e\u091d\u0928\u0947 \u0938\u0947, ICO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0938\u092e\u091d\u0928\u093e \u092d\u0940 \u0906\u0938\u093e\u0928 \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948\u0964 IPO \u0915\u0947 \u0938\u093e\u0925 \u0924\u0941\u0932\u0928\u093e \u0915\u0930\u0915\u0947, \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u093e\u090f\u0902 \u0914\u0930 \u0905\u0902\u0924\u0930 \u0926\u0947\u0916\u0928\u0947 \u0938\u0947, ICO \u0915\u0947 \u0932\u093e\u092d \u0914\u0930 \u0939\u093e\u0928\u093f\u092f\u093e\u0902, \u0905\u0927\u093f\u0915\u093e\u0902\u0936 \u0915\u0949\u0907\u0928 \u0915\u0947 \u0926\u094b\u0928\u094b\u0902 \u092a\u0915\u094d\u0937\u094b\u0902 \u0915\u0947 \u0938\u0902\u092c\u0902\u0927 \u092e\u0947\u0902 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902\u0964<\/p>\n\n\n\n<p>ICO \u0914\u0930 IPO \u0915\u0947 \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u093e\u090f\u0902 \u0915\u094d\u092f\u093e \u0939\u0948\u0902, \u0905\u0917\u0930 \u0907\u0938 \u092c\u093e\u0924 \u092a\u0930 \u092c\u093e\u0924 \u0939\u094b\u0924\u0940 \u0939\u0948, \u0924\u094b \u0938\u092c\u0938\u0947 \u092a\u0939\u0932\u0947 \u0927\u094d\u092f\u093e\u0928 \u0926\u0947\u0928\u0947 \u0935\u093e\u0932\u0940 \u092c\u093e\u0924 \u092f\u0939 \u0939\u094b\u0924\u0940 \u0939\u0948 \u0915\u093f \u092f\u0939 \u0909\u0926\u094d\u092f\u092e\u093f\u092f\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f, \u0927\u0928 \u0907\u0915\u091f\u094d\u0920\u093e \u0915\u0930\u0928\u0947 \u0915\u093e \u090f\u0915 \u092e\u093e\u0927\u094d\u092f\u092e \u0939\u094b\u0924\u093e \u0939\u0948\u0964 \u0909\u0926\u093e\u0939\u0930\u0923 \u0915\u0947 \u0932\u093f\u090f, \u0928\u090f \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0915\u0940 \u0936\u0941\u0930\u0941\u0906\u0924 \u092e\u0947\u0902, \u0905\u0927\u093f\u0915\u093e\u0902\u0936 \u092e\u093e\u092e\u0932\u094b\u0902 \u092e\u0947\u0902 \u092c\u0939\u0941\u0924 \u0905\u0927\u093f\u0915 \u0927\u0928 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0939\u094b\u0924\u0940 \u0939\u0948, \u091c\u093f\u0938\u0915\u093e \u0909\u0932\u094d\u0932\u0947\u0916 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940 \u0939\u0948\u0964 \u091a\u093e\u0939\u0947 \u0915\u093f\u0924\u0928\u0940 \u092d\u0940 \u0938\u092a\u0928\u094b\u0902 \u0914\u0930 \u0906\u0936\u093e\u0913\u0902 \u0938\u0947 \u092d\u0930\u0940 \u092f\u094b\u091c\u0928\u093e \u0939\u094b, \u0905\u0917\u0930 \u0909\u0938\u0947 \u092a\u0942\u0930\u093e \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u092a\u0930\u094d\u092f\u093e\u092a\u094d\u0924 \u0938\u0902\u0938\u093e\u0927\u0928 \u0928\u0939\u0940\u0902 \u0939\u0948\u0902, \u0924\u094b \u0935\u0939 \u0915\u0947\u0935\u0932 \u090f\u0915 \u091a\u093f\u0924\u094d\u0930\u093f\u0924 \u092e\u094b\u091a\u0940 \u092d\u0940 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<p>IPO, \u092c\u0939\u0941\u0924 \u0939\u0940 \u0905\u0938\u094d\u092a\u0937\u094d\u091f \u0930\u0942\u092a \u0938\u0947 \u0938\u092e\u091d\u093e\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f, \u0909\u0938 \u0915\u0902\u092a\u0928\u0940 \u0915\u0940 \u0938\u0902\u092a\u0924\u094d\u0924\u093f \u092e\u0942\u0932\u094d\u092f \u0915\u093e \u090f\u0915 \u0939\u093f\u0938\u094d\u0938\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u0941\u0924 \u0915\u0930\u0928\u0947 \u0935\u093e\u0932\u0947 \u0936\u0947\u092f\u0930\u094b\u0902 \u0915\u094b \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u092c\u093e\u091c\u093e\u0930 \u092e\u0947\u0902 \u092a\u094d\u0930\u0935\u093e\u0939\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947, \u0927\u0928 \u0907\u0915\u091f\u094d\u0920\u093e \u0915\u0930\u0928\u0947 \u0915\u093e \u090f\u0915 \u092e\u093e\u0927\u094d\u092f\u092e \u0939\u094b\u0924\u093e \u0939\u0948\u0964 \u0905\u0917\u0930 \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0915\u0947 \u092a\u094d\u0930\u0924\u093f \u0915\u0908 \u0928\u093f\u0935\u0947\u0936\u0915 \u092d\u0935\u093f\u0937\u094d\u092f \u0915\u0940 \u0938\u0902\u092d\u093e\u0935\u0928\u093e\u090f\u0902 \u0926\u0947\u0916\u0924\u0947 \u0939\u0948\u0902, \u0924\u094b \u0936\u0947\u092f\u0930\u094b\u0902 \u0915\u093e \u092c\u093e\u091c\u093e\u0930 \u092e\u0942\u0932\u094d\u092f \u0938\u094d\u0935\u0924\u0903 \u092c\u0922\u093c \u091c\u093e\u0924\u093e \u0939\u0948, \u0914\u0930 \u0915\u0902\u092a\u0928\u0940 \u0909\u0938 \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0915\u094b \u0935\u093e\u0938\u094d\u0924\u0935\u093f\u0915 \u0930\u0942\u092a \u0938\u0947 \u092c\u0928\u093e\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0938\u0902\u0938\u093e\u0927\u0928 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930 \u0938\u0915\u0924\u0940 \u0939\u0948\u0964<\/p>\n\n\n\n<p>\u0935\u0939\u0940\u0902, ICO \u092e\u0947\u0902, \u091f\u094b\u0915\u0928 \u0915\u0939\u0932\u093e\u0928\u0947 \u0935\u093e\u0932\u0947 \u0927\u0928 \u0907\u0915\u091f\u094d\u0920\u093e \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0915\u094d\u0930\u093f\u092a\u094d\u091f\u094b\u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u094b \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0926\u094d\u0935\u093e\u0930\u093e \u0928\u092f\u093e \u091c\u093e\u0930\u0940 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964 \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0915\u0947 \u0935\u093f\u0915\u093e\u0938 \u0915\u0947 \u0938\u093e\u0925, \u0915\u094d\u0930\u093f\u092a\u094d\u091f\u094b\u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u0947 \u092e\u0942\u0932\u094d\u092f \u092e\u0947\u0902 \u0935\u0943\u0926\u094d\u0927\u093f \u0915\u0940 \u0906\u0936\u093e \u0915\u0930\u0928\u0947 \u0915\u093e \u092f\u0939 \u0922\u093e\u0902\u091a\u093e \u0935\u093e\u0938\u094d\u0924\u0935 \u092e\u0947\u0902, \u0938\u0942\u091a\u0940\u092c\u0926\u094d\u0927 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0915\u0947 \u0936\u0947\u092f\u0930\u094b\u0902 \u0915\u0947 \u0938\u092e\u093e\u0928 \u0938\u0902\u092c\u0902\u0927 \u092e\u0947\u0902 \u0939\u094b\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO_%E0%A4%95%E0%A5%87_%E0%A4%B5%E0%A4%BF%E0%A4%B6%E0%A5%87%E0%A4%B7%E0%A4%9C%E0%A5%8D%E0%A4%9E_%E0%A4%91%E0%A4%A1%E0%A4%BF%E0%A4%9F_%E0%A4%95%E0%A4%82%E0%A4%AA%E0%A4%A8%E0%A4%BF%E0%A4%AF%E0%A5%8B%E0%A4%82_%E0%A4%94%E0%A4%B0_%E0%A4%9A%E0%A4%BE%E0%A4%B0%E0%A5%8D%E0%A4%9F%E0%A4%B0%E0%A5%8D%E0%A4%A1_%E0%A4%8F%E0%A4%95%E0%A4%BE%E0%A4%89%E0%A4%82%E0%A4%9F%E0%A5%87%E0%A4%82%E0%A4%9F%E0%A5%8D%E0%A4%B8_%E0%A4%B9%E0%A5%8B%E0%A4%A4%E0%A5%87_%E0%A4%B9%E0%A5%88%E0%A4%82_%E0%A4%B2%E0%A5%87%E0%A4%95%E0%A4%BF%E0%A4%A8_ICO_%E0%A4%95%E0%A5%87_%E0%A4%AC%E0%A4%BE%E0%A4%B0%E0%A5%87_%E0%A4%AE%E0%A5%87%E0%A4%82_%E0%A4%95%E0%A5%8D%E0%A4%AF%E0%A4%BE\"><\/span>IPO \u0915\u0947 \u0935\u093f\u0936\u0947\u0937\u091c\u094d\u091e \u0911\u0921\u093f\u091f \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0914\u0930 \u091a\u093e\u0930\u094d\u091f\u0930\u094d\u0921 \u090f\u0915\u093e\u0909\u0902\u091f\u0947\u0902\u091f\u094d\u0938 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902, \u0932\u0947\u0915\u093f\u0928 ICO \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902 \u0915\u094d\u092f\u093e?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IPO \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947 \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u0947 \u0915\u093e \u092e\u0924\u0932\u092c \u0939\u094b\u0924\u093e \u0939\u0948 \u0915\u093f \u0909\u0938 \u0915\u0902\u092a\u0928\u0940 \u0915\u094b \u0938\u0942\u091a\u0940\u092c\u0926\u094d\u0927 \u0915\u0902\u092a\u0928\u0940 \u092c\u0928\u0928\u093e \u0939\u094b\u0917\u093e\u0964 \u0907\u0938\u0932\u093f\u090f, \u0938\u094d\u0935\u093e\u092d\u093e\u0935\u093f\u0915 \u0930\u0942\u092a \u0938\u0947, \u0938\u093e\u092e\u093e\u091c\u093f\u0915 \u0935\u093f\u0936\u094d\u0935\u093e\u0938 \u092d\u0940 \u0909\u091a\u093f\u0924 \u0930\u0942\u092a \u0938\u0947 \u0938\u093e\u0925 \u0939\u094b\u0928\u093e \u091a\u093e\u0939\u093f\u090f\u0964 IPO \u0915\u0947\u0935\u0932 \u0924\u092d\u0940 \u0938\u0902\u092d\u0935 \u0939\u094b\u0924\u093e \u0939\u0948 \u091c\u092c \u092f\u0939 \u0935\u093f\u0924\u094d\u0924\u0940\u092f \u0938\u0947\u0935\u093e \u090f\u091c\u0947\u0902\u0938\u0940, \u0938\u093f\u0915\u094d\u092f\u094b\u0930\u093f\u091f\u0940\u091c \u0915\u0902\u092a\u0928\u0940, \u0938\u093f\u0915\u094d\u092f\u094b\u0930\u093f\u091f\u0940\u091c \u090f\u0915\u094d\u0938\u091a\u0947\u0902\u091c \u0906\u0926\u093f \u0915\u0940 \u0915\u0920\u094b\u0930 \u091c\u093e\u0902\u091a \u092a\u0921\u093c\u0924\u093e\u0932 \u0938\u0947 \u0917\u0941\u091c\u0930\u0924\u093e \u0939\u0948, \u0914\u0930 \u0907\u0938\u0915\u093e \u0915\u093e\u0930\u0923 \u092f\u0939\u0940 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<p>\u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0915\u0940 IPO \u0915\u0947 \u0932\u093f\u090f \u0938\u0939\u093e\u092f\u0924\u093e \u0938\u093e\u092e\u093e\u0928\u094d\u092f\u0924\u0903 \u0911\u0921\u093f\u091f \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0914\u0930 \u091a\u093e\u0930\u094d\u091f\u0930\u094d\u0921 \u090f\u0915\u093e\u0909\u0902\u091f\u0947\u0902\u091f\u094d\u0938 \u0915\u0947 \u0935\u093f\u0936\u0947\u0937\u091c\u094d\u091e \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u092e\u093e\u0928\u0940 \u091c\u093e\u0924\u0940 \u0939\u0948\u0964 \u0907\u0938\u0915\u093e \u0915\u093e\u0930\u0923 \u092f\u0939 \u092d\u0940 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948 \u0915\u093f IPO \u0915\u0947 \u0932\u093f\u090f \u0935\u093f\u092d\u093f\u0928\u094d\u0928 \u0915\u0920\u094b\u0930 \u091c\u093e\u0902\u091a \u092a\u0921\u093c\u0924\u093e\u0932\u094b\u0902 \u0915\u094b \u092a\u093e\u0930 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f, \u090f\u0915 \u0932\u0947\u0916\u093e \u092a\u0930\u0940\u0915\u094d\u0937\u093e \u092a\u0947\u0936\u0947\u0935\u0930 \u0915\u0947 \u0926\u0943\u0937\u094d\u091f\u093f\u0915\u094b\u0923 \u0915\u093e \u0909\u092a\u092f\u094b\u0917\u0940 \u0939\u094b\u0928\u093e\u0964<\/p>\n\n\n\n<p>\u0935\u0939\u0940\u0902, ICO \u0915\u094b IPO \u0915\u0940 \u0924\u0930\u0939 \u0915\u0920\u094b\u0930 \u091c\u093e\u0902\u091a \u092a\u0921\u093c\u0924\u093e\u0932 \u0914\u0930 \u091c\u091f\u093f\u0932 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e\u0913\u0902 \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947 \u0928\u0939\u0940\u0902 \u0915\u093f\u092f\u093e \u091c\u093e\u0928\u093e \u091a\u093e\u0939\u093f\u090f\u0964 \u092c\u0932\u094d\u0915\u093f, \u0915\u093f\u0938\u0940 \u092d\u0940 \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0915\u094b \u0924\u0924\u094d\u092a\u0930\u0924\u093e \u0915\u0947 \u0938\u093e\u0925 \u0924\u0941\u0930\u0902\u0924 \u0915\u093e\u0930\u094d\u0930\u0935\u093e\u0908 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0915\u094d\u0937\u092e\u0924\u093e \u0939\u094b\u0928\u0940 \u091a\u093e\u0939\u093f\u090f, \u091c\u094b ICO \u0915\u093e \u090f\u0915 \u0932\u093e\u092d \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<p>\u0939\u093e\u0932\u093e\u0902\u0915\u093f, ICO \u092e\u0947\u0902 \u092a\u0941\u0930\u093e\u0928\u0947 IPO \u0915\u0940 \u0924\u0930\u0939 \u091c\u091f\u093f\u0932 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e\u090f\u0902 \u0906\u0935\u0936\u094d\u092f\u0915 \u0928\u0939\u0940\u0902 \u0939\u094b\u0928\u0947 \u0915\u0947 \u0915\u093e\u0930\u0923, \u0915\u093e\u0930\u094d\u092f\u093e\u0932\u092f\u0940 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e\u0913\u0902 \u0914\u0930 \u0915\u093e\u0928\u0942\u0928\u0940 \u091c\u094d\u091e\u093e\u0928 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940 \u0939\u0948\u0964 \u0909\u0926\u093e\u0939\u0930\u0923 \u0915\u0947 \u0932\u093f\u090f, \u092f\u0926\u093f \u0915\u0902\u092a\u0928\u0940 \u0926\u094d\u0935\u093e\u0930\u093e \u091c\u093e\u0930\u0940 \u0915\u093f\u090f \u0917\u090f \u091f\u094b\u0915\u0928 \u0938\u0902\u0936\u094b\u0927\u093f\u0924 \u0927\u0928 \u0938\u0902\u0927\u093e\u0930\u0923 \u0915\u093e\u0928\u0942\u0928 \u0915\u0947 \u0905\u0902\u0924\u0930\u094d\u0917\u0924 &#8220;\u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940&#8221; \u0915\u0947 \u0932\u093f\u090f \u092a\u093e\u0924\u094d\u0930 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902, \u0924\u094b \u0909\u0928\u094d\u0939\u0947\u0902 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u090f\u0915\u094d\u0938\u091a\u0947\u0902\u091c \u0911\u092a\u0930\u0947\u091f\u0930 \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u092a\u0902\u091c\u0940\u0915\u0930\u0923 \u0915\u0930\u0928\u093e \u0939\u094b\u0917\u093e\u0964 \u0907\u0938\u0915\u0947 \u0905\u0932\u093e\u0935\u093e, \u092f\u0926\u093f \u0935\u0947 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u0947 \u0932\u093f\u090f \u092a\u093e\u0924\u094d\u0930 \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902, \u0924\u094b \u0909\u0928\u094d\u0939\u0947\u0902 \u0907\u0932\u0947\u0915\u094d\u091f\u094d\u0930\u0949\u0928\u093f\u0915 \u092e\u0928\u0940 \u091c\u0948\u0938\u0947 \u092a\u0942\u0930\u094d\u0935 \u092d\u0941\u0917\u0924\u093e\u0928 \u0915\u0947 \u0909\u092a\u093e\u092f \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u092e\u093e\u0928\u093e \u091c\u093e\u0924\u093e \u0939\u0948, \u091c\u093f\u0938\u092e\u0947\u0902 \u092a\u0939\u0932\u0947 \u0938\u0947 \u0939\u0940 \u0905\u0927\u093f\u0938\u0942\u091a\u0928\u093e \u0915\u093e \u0926\u093e\u092f\u093f\u0924\u094d\u0935 \u0939\u094b\u0924\u093e \u0939\u0948, \u0914\u0930 \u0909\u0928\u094d\u0939\u0947\u0902 \u0926\u0947\u0936 \u0915\u094b \u091c\u092e\u093e\u0928\u0924 \u0926\u0947\u0928\u0947 \u0915\u0940 (\u091c\u092e\u093e\u0928\u0924) \u091c\u093f\u092e\u094d\u092e\u0947\u0926\u093e\u0930\u0940 \u0939\u094b\u0924\u0940 \u0939\u0948\u0964 \u0907\u0938\u0915\u093e \u092e\u0924\u0932\u092c \u0939\u0948 \u0915\u093f \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u092e\u0947\u0902 \u0932\u0917\u0928\u0947 \u0935\u093e\u0932\u0947 \u0938\u092e\u092f \u0914\u0930 \u0932\u093e\u0917\u0924 \u0915\u094b \u0915\u092e \u0915\u0930\u0928\u0947 \u0915\u0947 \u092c\u093e\u0935\u091c\u0942\u0926, \u092f\u0939 \u091c\u0930\u0942\u0930\u0940 \u0928\u0939\u0940\u0902 \u0939\u0948 \u0915\u093f \u0906\u092a\u0915\u0940 \u092e\u0928\u092e\u093e\u0928\u0940 \u0939\u0930 \u091c\u0917\u0939 \u092e\u093e\u0928\u094d\u092f \u0939\u094b\u0964 \u0907\u0938 \u092e\u093e\u092f\u0928\u0947 \u092e\u0947\u0902 \u0915\u0939\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948 \u0915\u093f, \u0915\u093e\u0928\u0942\u0928\u0940 \u0928\u093f\u092f\u092e \u0938\u094d\u092a\u0937\u094d\u091f \u0930\u0942\u092a \u0938\u0947 \u092e\u094c\u091c\u0942\u0926 \u0939\u0948\u0902, \u0914\u0930 &#8220;\u0930\u0947\u0932&#8221; \u092a\u0930 \u091a\u0932\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f, IPO \u0905\u0927\u093f\u0915 &#8220;\u0938\u0941\u0930\u0915\u094d\u0937\u093f\u0924&#8221; \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<p>ICO \u0915\u094b \u0938\u0940\u0927\u0947 \u0928\u093f\u092f\u0902\u0924\u094d\u0930\u093f\u0924 \u0915\u0930\u0928\u0947 \u0935\u093e\u0932\u093e \u0915\u094b\u0908 \u0915\u093e\u0928\u0942\u0928 \u0928\u0939\u0940\u0902 \u0939\u094b\u0928\u0947 \u0915\u0947 \u0915\u093e\u0930\u0923, \u0915\u093e\u0928\u0942\u0928\u0940 \u0914\u0930 \u0905\u0935\u0948\u0927 \u091a\u0940\u091c\u094b\u0902 \u0915\u0947 \u092c\u0940\u091a \u0905\u0902\u0924\u0930 \u0924\u092f \u0915\u0930\u0928\u093e \u092d\u0940 \u0915\u0920\u093f\u0928 \u0939\u094b \u0938\u0915\u0924\u093e \u0939\u0948, \u0914\u0930 \u092e\u0942\u0932 \u0938\u093f\u0926\u094d\u0927\u093e\u0902\u0924\u094b\u0902 \u0915\u0947 \u0906\u0927\u093e\u0930 \u092a\u0930 \u0915\u093e\u0928\u0942\u0928 \u0915\u094b \u0938\u092e\u091d\u0928\u093e \u0914\u0930 \u0905\u0927\u093f\u0915 \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO_%E0%A4%95%E0%A5%87_%E0%A4%B2%E0%A4%BE%E0%A4%AD\"><\/span>ICO \u0915\u0947 \u0932\u093e\u092d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u0909\u092a\u0930\u094b\u0915\u094d\u0924 \u0935\u093f\u0935\u0930\u0923 \u0915\u094b \u0927\u094d\u092f\u093e\u0928 \u092e\u0947\u0902 \u0930\u0916\u0924\u0947 \u0939\u0941\u090f, \u0928\u0940\u091a\u0947 ICO \u0915\u0947 \u0932\u093e\u092d \u0914\u0930 \u0939\u093e\u0928\u093f\u092f\u094b\u0902 \u0915\u094b \u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0915\u094b\u0936\u093f\u0936 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 \u0928\u0940\u091a\u0947, \u0935\u094d\u092f\u0935\u0938\u093e\u092f\u093f\u0915 \u0926\u0943\u0937\u094d\u091f\u093f\u0915\u094b\u0923 \u0938\u0947, \u092a\u0939\u0932\u0947 \u0932\u093e\u092d\u094b\u0902 \u0915\u094b \u0909\u0920\u093e\u0924\u0947 \u0939\u0948\u0902\u0964 <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E0%A4%B2%E0%A4%BE%E0%A4%AD_1_%E0%A4%AA%E0%A5%8D%E0%A4%B0%E0%A4%95%E0%A5%8D%E0%A4%B0%E0%A4%BF%E0%A4%AF%E0%A4%BE_%E0%A4%86%E0%A4%B8%E0%A4%BE%E0%A4%A8_%E0%A4%B9%E0%A5%88_%E0%A4%94%E0%A4%B0_%E0%A4%B2%E0%A4%BE%E0%A4%97%E0%A4%A4_%E0%A4%95%E0%A5%8B_%E0%A4%95%E0%A4%AE_%E0%A4%95%E0%A4%BF%E0%A4%AF%E0%A4%BE_%E0%A4%9C%E0%A4%BE_%E0%A4%B8%E0%A4%95%E0%A4%A4%E0%A4%BE_%E0%A4%B9%E0%A5%88\"><\/span>\u0932\u093e\u092d 1: \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0906\u0938\u093e\u0928 \u0939\u0948 \u0914\u0930 \u0932\u093e\u0917\u0924 \u0915\u094b \u0915\u092e \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e \u0939\u0948<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u0935\u093f\u0924\u094d\u0924\u0940\u092f \u090f\u091c\u0947\u0902\u0938\u0940, \u0938\u093f\u0915\u094d\u092f\u094b\u0930\u093f\u091f\u0940\u091c \u0915\u0902\u092a\u0928\u0940, \u0938\u093f\u0915\u094d\u092f\u094b\u0930\u093f\u091f\u0940\u091c \u090f\u0915\u094d\u0938\u091a\u0947\u0902\u091c \u0906\u0926\u093f \u0915\u0940 \u0938\u092e\u0940\u0915\u094d\u0937\u093e \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0928\u0947 \u0915\u0947 \u0915\u093e\u0930\u0923, \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e \u0906\u0938\u093e\u0928 \u0939\u0948, \u0914\u0930 \u091a\u093e\u0930\u094d\u091f\u0930\u094d\u0921 \u090f\u0915\u093e\u0909\u0902\u091f\u0947\u0902\u091f \u0915\u094b \u0915\u093e\u092e \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0932\u093e\u0917\u0924 \u0915\u094b \u0915\u092e \u0915\u093f\u092f\u093e \u091c\u093e \u0938\u0915\u0924\u093e 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\u0915\u0930\u0928\u0947 \u0915\u0940 \u0915\u094d\u0937\u092e\u0924\u093e \u0939\u094b\u0924\u0940 \u0939\u0948\u0964 \u0939\u093e\u0932\u093e\u0902\u0915\u093f, &#8220;\u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0928\u093f\u092f\u0902\u0924\u094d\u0930\u0923 \u0905\u0927\u093f\u0915\u093e\u0930 \u0915\u094b \u0938\u094c\u0902\u092a\u0928\u0947&#8221; \u0915\u093e \u0905\u0930\u094d\u0925 \u0939\u0948 \u0915\u093f &#8220;\u0928\u093f\u092f\u0902\u0924\u094d\u0930\u0923 \u0905\u0927\u093f\u0915\u093e\u0930 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0928\u0939\u0940\u0902 \u0915\u0930\u0928\u0947 \u0915\u0947 \u092c\u093e\u0935\u091c\u0942\u0926, ICO \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0928\u0947 \u0915\u093e \u092e\u0942\u0932\u094d\u092f \u0939\u0948&#8221; \u0915\u093e \u0928\u093f\u0930\u094d\u0923\u092f \u0928\u0939\u0940\u0902 \u0932\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948, \u0924\u092c \u0928\u093f\u0935\u0947\u0936 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id=\"%E0%A4%B2%E0%A4%BE%E0%A4%AD_3_%E0%A4%95%E0%A4%82%E0%A4%AA%E0%A4%A8%E0%A5%80_%E0%A4%95%E0%A5%87_%E0%A4%B8%E0%A5%8D%E0%A4%A4%E0%A4%B0_%E0%A4%AA%E0%A4%B0_%E0%A4%95%E0%A4%B0%E0%A4%A8%E0%A5%87_%E0%A4%95%E0%A5%80_%E0%A4%86%E0%A4%B5%E0%A4%B6%E0%A5%8D%E0%A4%AF%E0%A4%95%E0%A4%A4%E0%A4%BE_%E0%A4%A8%E0%A4%B9%E0%A5%80%E0%A4%82_%E0%A4%B9%E0%A5%8B%E0%A4%A4%E0%A5%80\"><\/span>\u0932\u093e\u092d 3: \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u092f\u0939 \u0905\u0928\u093f\u0935\u093e\u0930\u094d\u092f \u0928\u0939\u0940\u0902 \u0939\u0948 \u0915\u093f \u092f\u0939 \u0915\u0947\u0935\u0932 \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0939\u0940 \u0915\u093f\u092f\u093e \u091c\u093e\u090f, &#8220;\u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0907\u0915\u093e\u0908&#8221; \u092f\u093e &#8220;\u0905\u0938\u0902\u0917\u0924 \u0915\u0908 \u0915\u0902\u092a\u0928\u093f\u092f\u093e\u0902&#8221; \u092d\u0940 \u0907\u0938\u0947 \u0915\u0930 \u0938\u0915\u0924\u0940 \u0939\u0948\u0902 (\u0939\u093e\u0932\u093e\u0902\u0915\u093f, \u0905\u0938\u0902\u0917\u0924 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0926\u094d\u0935\u093e\u0930\u093e \u0915\u093f\u090f \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0947 \u092e\u093e\u092e\u0932\u0947 \u0935\u094d\u092f\u093e\u0935\u0939\u093e\u0930\u093f\u0915 \u0930\u0942\u092a \u0938\u0947 \u092c\u0939\u0941\u0924 \u0905\u0927\u093f\u0915 \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0947 \u0939\u0948\u0902\u0964)\u0964<br> \u2192 \u0936\u0947\u092f\u0930\u094d\u0938 \u090f\u0915 \u0935\u093f\u0936\u0947\u0937 \u0915\u0902\u092a\u0928\u0940 \u0915\u0947 \u0928\u093f\u092f\u0902\u0924\u094d\u0930\u0923 \u0905\u0927\u093f\u0915\u093e\u0930 \u0915\u0947 \u0938\u093e\u0925 \u090f\u0915-\u090f\u0915 \u0915\u0930\u0915\u0947 \u092e\u0947\u0932 \u0916\u093e\u0924\u0947 \u0939\u0948\u0902, \u0932\u0947\u0915\u093f\u0928 \u0935\u0930\u094d\u091a\u0941\u0905\u0932 \u0915\u0930\u0947\u0902\u0938\u0940 \u0915\u0947 \u092a\u093e\u0938 \u0910\u0938\u0940 \u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u0915\u093e \u092c\u0948\u0915\u0917\u094d\u0930\u093e\u0909\u0902\u0921 \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u093e \u0939\u0948, \u0907\u0938\u0932\u093f\u090f \u0907\u0938\u0947 \u0935\u094d\u092f\u0915\u094d\u0924\u093f\u0917\u0924 \u0930\u0942\u092a \u0938\u0947 \u0938\u094d\u0935\u0924\u0902\u0924\u094d\u0930 \u0930\u0942\u092a \u0938\u0947 \u0921\u093f\u091c\u093e\u0907\u0928 \u0915\u0930\u0928\u0947 \u0915\u0940 \u0915\u094d\u0937\u092e\u0924\u093e \u0939\u094b\u0924\u0940 \u0939\u0948\u0964<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO_%E0%A4%95%E0%A5%87_%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8\"><\/span>ICO \u0915\u0947 \u0928\u0941\u0915\u0938\u093e\u0928<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u0926\u0942\u0938\u0930\u0940 \u0913\u0930, \u0928\u093f\u092e\u094d\u0928\u0932\u093f\u0916\u093f\u0924 \u0928\u0941\u0915\u0938\u093e\u0928 \u0909\u0920\u093e\u090f \u091c\u093e \u0938\u0915\u0924\u0947 \u0939\u0948\u0902\u0964<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_1_%E0%A4%85%E0%A4%AD%E0%A5%80_%E0%A4%A4%E0%A4%95_%E0%A4%B8%E0%A4%BE%E0%A4%AE%E0%A4%BE%E0%A4%A8%E0%A5%8D%E0%A4%AF_%E0%A4%A8%E0%A4%B9%E0%A5%80%E0%A4%82_%E0%A4%B9%E0%A5%81%E0%A4%86\"><\/span>\u0928\u0941\u0915\u0938\u093e\u0928 1: \u0905\u092d\u0940 \u0924\u0915 \u0938\u093e\u092e\u093e\u0928\u094d\u092f \u0928\u0939\u0940\u0902 \u0939\u0941\u0906<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u0936\u0947\u092f\u0930 \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902, ICO \u0915\u0947 \u092e\u093e\u0927\u094d\u092f\u092e \u0938\u0947 \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u093e \u0905\u092d\u0940 \u0924\u0915 \u0938\u093e\u092e\u093e\u0928\u094d\u092f \u0928\u0939\u0940\u0902 \u0939\u0941\u0906 \u0939\u0948, \u0914\u0930 \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u0947 \u092e\u0947\u0902 \u0938\u0940\u092e\u093e \u0939\u094b\u0924\u0940 \u0939\u0948 <br> \u2192 \u0939\u093e\u0932\u093e\u0902\u0915\u093f, \u092f\u0926\u093f \u0939\u092e \u0907\u0938 \u092c\u093e\u0924 \u0915\u094b \u0926\u0947\u0916\u0947\u0902 \u0915\u093f \u0907\u0938\u092e\u0947\u0902 \u0924\u094d\u0935\u0930\u093f\u0924 \u0917\u0924\u093f \u0915\u0947 \u0938\u093e\u0925 \u0915\u093e\u0930\u094d\u092f\u093e\u0928\u094d\u0935\u092f\u0928 \u0915\u0930\u0928\u0947 \u0915\u093e \u0932\u093e\u092d \u0939\u094b\u0924\u093e \u0939\u0948, \u0924\u094b \u0926\u0941\u0928\u093f\u092f\u093e \u0915\u0940 \u0927\u094d\u092f\u093e\u0928 \u0906\u0915\u0930\u094d\u0937\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f (\u0909\u0926\u093e\u0939\u0930\u0923 \u0915\u0947 \u0932\u093f\u090f \u0935\u0947\u092c \u0915\u093e \u0909\u092a\u092f\u094b\u0917 \u0915\u0930\u0915\u0947) \u092e\u093e\u0930\u094d\u0915\u0947\u091f\u093f\u0902\u0917 \u092e\u0947\u0902 \u092c\u0932 \u0926\u0947\u0928\u093e \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_2_%E0%A4%A7%E0%A5%8B%E0%A4%96%E0%A4%BE%E0%A4%A7%E0%A4%A1%E0%A4%BC%E0%A5%80_%E0%A4%95%E0%A5%87_%E0%A4%86%E0%A4%B6%E0%A4%82%E0%A4%95%E0%A4%BE\"><\/span>\u0928\u0941\u0915\u0938\u093e\u0928 2: \u0927\u094b\u0916\u093e\u0927\u0921\u093c\u0940 \u0915\u0947 \u0906\u0936\u0902\u0915\u093e<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u092c\u0939\u0941\u0924 \u0938\u093e\u0930\u0947 &#8220;\u0927\u094b\u0916\u093e\u0927\u0921\u093c\u0940&#8221; \u0915\u0947 \u0915\u0930\u0940\u092c \u0915\u0947 \u092a\u094d\u0930\u0915\u0930\u0923\u094b\u0902 \u0915\u0947 \u0915\u093e\u0930\u0923 \u0938\u0924\u0930\u094d\u0915\u0924\u093e \u092c\u0928\u0940 \u0930\u0939\u0924\u0940 \u0939\u0948, \u0907\u0938\u0932\u093f\u090f \u0927\u0928 \u091c\u0941\u091f\u093e\u0928\u0947 \u092e\u0947\u0902 \u0938\u0940\u092e\u093e \u0939\u094b\u0924\u0940 \u0939\u0948 <br> \u2192 \u0915\u0920\u093f\u0928 \u0928\u093f\u0930\u0940\u0915\u094d\u0937\u0923 \u0914\u0930 \u091c\u091f\u093f\u0932 \u0915\u093e\u0930\u094d\u092f\u093e\u0932\u092f\u0940 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e\u0913\u0902 \u0915\u094b \u092a\u093e\u0930 \u0915\u0930\u0928\u0947 \u0915\u0947 \u092c\u093f\u0928\u093e, \u0915\u094b\u0908 \u092d\u0940 \u0907\u0938\u0947 \u0915\u0930 \u0938\u0915\u0924\u093e \u0939\u0948, \u091c\u094b \u0927\u094b\u0916\u093e\u0927\u0921\u093c\u0940 \u0915\u0930\u0928\u0947 \u0935\u093e\u0932\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f \u092d\u0940 \u0938\u0941\u0935\u093f\u0927\u093e\u091c\u0928\u0915 \u0939\u094b\u0924\u093e \u0939\u0948\u0964 \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f, \u092a\u094d\u0930\u0924\u094d\u092f\u0947\u0915 \u092a\u0930\u093f\u092f\u094b\u091c\u0928\u093e \u092f\u093e ICO \u0915\u094b \u091a\u0932\u093e\u0928\u0947 \u0935\u093e\u0932\u0947 \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0915\u0947 \u0935\u093f\u0936\u094d\u0935\u0938\u0928\u0940\u092f \u0939\u094b\u0928\u0947 \u0915\u0940 \u091c\u093e\u0902\u091a \u0909\u0928\u0915\u0947 \u0916\u0941\u0926 \u0915\u0947 \u0928\u093f\u0930\u094d\u0923\u092f \u092a\u0930 \u0928\u093f\u0930\u094d\u092d\u0930 \u0915\u0930\u0924\u0940 \u0939\u0948, \u0907\u0938\u0932\u093f\u090f \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f ICO \u092e\u0947\u0902 \u0915\u0941\u091b \u091c\u094b\u0916\u093f\u092e \u092d\u0940 \u0939\u094b\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E0%A4%A8%E0%A5%81%E0%A4%95%E0%A4%B8%E0%A4%BE%E0%A4%A8_3_%E0%A4%AA%E0%A4%BF%E0%A4%9B%E0%A4%B2%E0%A5%87_%E0%A4%AE%E0%A4%BE%E0%A4%AE%E0%A4%B2%E0%A5%87_%E0%A4%85%E0%A4%AD%E0%A5%80_%E0%A4%AD%E0%A5%80_%E0%A4%95%E0%A4%AE_%E0%A4%B9%E0%A5%88%E0%A4%82\"><\/span>\u0928\u0941\u0915\u0938\u093e\u0928 3: \u092a\u093f\u091b\u0932\u0947 \u092e\u093e\u092e\u0932\u0947 \u0905\u092d\u0940 \u092d\u0940 \u0915\u092e \u0939\u0948\u0902<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u0938\u092e\u093e\u091c \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902, \u092a\u093f\u091b\u0932\u0947 \u092e\u093e\u092e\u0932\u094b\u0902 \u0915\u0940 \u0938\u0902\u091a\u092f \u0905\u092d\u0940 \u092d\u0940 \u0915\u092e \u0939\u0948, \u0914\u0930 \u0905\u0928\u094d\u092f \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0915\u0947 \u0906\u0926\u0930\u094d\u0936 \u092e\u093e\u092e\u0932\u094b\u0902 \u0915\u094b \u0915\u0947\u0935\u0932 \u0905\u0928\u0941\u0915\u0930\u0923 \u0915\u0930\u0928\u0947 \u0938\u0947 \u0915\u093e\u0928\u0942\u0928\u0940 \u0921\u093f\u091c\u093e\u0907\u0928 \u0915\u0930\u0928\u093e \u0915\u0920\u093f\u0928 \u0939\u0948\u0964<br> \u2192 \u0938\u0902\u092c\u0902\u0927\u093f\u0924 \u0915\u093e\u0928\u0942\u0928\u0940 \u091c\u094d\u091e\u093e\u0928 \u0915\u094b \u0927\u094d\u092f\u093e\u0928 \u092e\u0947\u0902 \u0930\u0916\u0924\u0947 \u0939\u0941\u090f, \u0935\u093f\u0924\u094d\u0924\u0940\u092f \u0938\u0947\u0935\u093e \u090f\u091c\u0947\u0902\u0938\u0940 \u0906\u0926\u093f \u0938\u0902\u092c\u0902\u0927\u093f\u0924 \u0938\u0902\u0917\u0920\u0928\u094b\u0902 \u0938\u0947 \u0915\u093e\u0928\u0942\u0928\u0940 \u0935\u094d\u092f\u0935\u0939\u093e\u0930 \u0915\u0947 \u092c\u093e\u0930\u0947 \u092e\u0947\u0902, \u0935\u094d\u092f\u0915\u094d\u0924\u093f\u0917\u0924 \u0924\u094c\u0930 \u092a\u0930 \u092a\u094d\u0930\u0936\u094d\u0928 \u0914\u0930 \u0935\u093e\u0930\u094d\u0924\u093e \u0915\u0930\u0928\u093e \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0939\u094b \u091c\u093e\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E0%A4%B8%E0%A4%BE%E0%A4%B0%E0%A4%BE%E0%A4%82%E0%A4%B6\"><\/span>\u0938\u093e\u0930\u093e\u0902\u0936<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u092f\u0939 \u0926\u094b\u0939\u0930\u093e\u0928\u0947 \u0915\u0940 \u092c\u093e\u0924 \u0939\u094b\u0917\u0940, \u0932\u0947\u0915\u093f\u0928 ICO \u0915\u0940 \u090f\u0915 \u092c\u0921\u093c\u0940 \u0906\u0915\u0930\u094d\u0937\u0923 \u092f\u0939\u0940 \u0939\u0948 \u0915\u093f \u0906\u092a\u0915\u094b \u091c\u091f\u093f\u0932 \u092a\u094d\u0930\u0915\u094d\u0930\u093f\u092f\u093e\u0913\u0902 \u092e\u0947\u0902 \u0909\u0932\u091d\u0928\u0947 \u0915\u0940 \u091c\u0930\u0942\u0930\u0924 \u0928\u0939\u0940\u0902 \u0939\u094b\u0924\u0940\u0964 \u0932\u0947\u0915\u093f\u0928, \u092f\u0939 \u092d\u0940 \u092e\u0939\u0924\u094d\u0935\u092a\u0942\u0930\u094d\u0923 \u0939\u0948 \u0915\u093f \u0939\u092e \u0907\u0938\u0947 &#8220;\u0915\u093e\u0928\u0942\u0928\u0940 \u0928\u093f\u0930\u094d\u092e\u093e\u0923 \u0915\u0920\u094b\u0930 \u0928\u0939\u0940\u0902 \u0939\u0948 = \u0905\u0928\u093f\u092f\u0902\u0924\u094d\u0930\u093f\u0924 \u0905\u0935\u0948\u0927 \u0915\u093e\u0930\u094d\u092f \u0915\u0930\u0928\u0947 \u0935\u093e\u0932\u0947 \u092d\u0940 \u0938\u094d\u0935\u0940\u0915\u093e\u0930 \u0915\u093f\u090f \u091c\u093e\u0924\u0947 \u0939\u0948\u0902&#8221; \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u0917\u0932\u0924 \u0938\u092e\u091d \u0928\u0939\u0940\u0902 \u0932\u0947\u0902\u0964 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[&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":74177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,28],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/posts\/62279"}],"collection":[{"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/comments?post=62279"}],"version-history":[{"count":1,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/posts\/62279\/revisions"}],"predecessor-version":[{"id":62986,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/posts\/62279\/revisions\/62986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/media\/74177"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/media?parent=62279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/categories?post=62279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/hi\/wp-json\/wp\/v2\/tags?post=62279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}