{"id":63442,"date":"2024-05-02T12:19:13","date_gmt":"2024-05-02T03:19:13","guid":{"rendered":"https:\/\/monolith.law\/zh-cn\/?p=63442"},"modified":"2025-12-02T16:46:28","modified_gmt":"2025-12-02T07:46:28","slug":"comparison-ico-ipo","status":"publish","type":"post","link":"https:\/\/monolith.law\/zh-cn\/general-corporate\/comparison-ico-ipo","title":{"rendered":"\u6bd4\u8f83IPO\u548cICO\u7684\u4f18\u70b9\u4e0e\u7f3a\u70b9"},"content":{"rendered":"\n<p>\u968f\u7740\u6bd4\u7279\u5e01\u7b49\u865a\u62df\u8d27\u5e01\u7684\u5e02\u573a\u4ef7\u683c\u66b4\u6da8\u6216\u66b4\u8dcc\u7b49\u8bdd\u9898\u5728\u793e\u4f1a\u4e0a\u88ab\u5e7f\u6cdb\u8ba8\u8bba\uff0c\u865a\u62df\u8d27\u5e01\u4f5c\u4e3a\u4e00\u79cd\u8d44\u4ea7\u7ba1\u7406\u65b9\u5f0f\uff0c\u53ef\u4ee5\u8bf4\u5df2\u7ecf\u5728\u793e\u4f1a\u4e0a\u5e7f\u6cdb\u83b7\u5f97\u4e86\u516c\u6c11\u6743\u3002\u786e\u5b9e\uff0c\u7531\u4e8e\u98ce\u9669\u548c\u56de\u62a5\u90fd\u53ef\u80fd\u53d8\u5927\uff0c\u6bcf\u4e2a\u4eba\u5bf9\u6b64\u7684\u70ed\u60c5\u7a0b\u5ea6\u53ef\u80fd\u4f1a\u6709\u6240\u4e0d\u540c\uff0c\u4f46\u662f\uff0c\u5bf9\u6295\u8d44\u6709\u5174\u8da3\u7684\u4eba\u53ef\u80fd\u90fd\u4f1a\u5bf9\u6301\u6709\u865a\u62df\u8d27\u5e01\u4ea7\u751f\u4e00\u5b9a\u7684\u5174\u8da3\u3002<\/p>\n\n\n\n<p>\u7136\u800c\uff0c\u8fd9\u79cd\u865a\u62df\u8d27\u5e01\u4e0d\u4ec5\u53ef\u4ee5\u4f5c\u4e3a\u6295\u8d44\u5bf9\u8c61\u6765\u83b7\u53d6\u5df2\u7ecf\u5728\u5e02\u573a\u4e0a\u6d41\u901a\u7684\u8d27\u5e01\uff0c\u5b9e\u9645\u4e0a\uff0c\u6211\u4eec\u81ea\u5df1\u4e5f\u53ef\u4ee5\u6210\u4e3a\u865a\u62df\u8d27\u5e01\u7684\u53d1\u884c\u4e3b\u4f53\uff0c\u7528\u5b83\u6765\u52df\u96c6\u4ed6\u4eba\u7684\u6295\u8d44\u3002\u4f7f\u7528\u865a\u62df\u8d27\u5e01\u6765\u52df\u96c6\u6295\u8d44\u8d44\u91d1\u7684\u65b9\u5f0f\uff0c\u5728IT\u672f\u8bed\u4e2d\u88ab\u79f0\u4e3aICO\uff08Initial 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href=\"https:\/\/monolith.law\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E4%BC%98%E7%82%B92%EF%BC%9A%E5%8F%AF%E4%BB%A5%E8%BF%9B%E8%A1%8C%E4%B8%8D%E8%BD%AC%E8%AE%A9%E6%8E%A7%E5%88%B6%E6%9D%83%E7%9A%84%E7%AD%B9%E8%B5%84\" title=\"\u4f18\u70b92\uff1a\u53ef\u4ee5\u8fdb\u884c\u4e0d\u8f6c\u8ba9\u63a7\u5236\u6743\u7684\u7b79\u8d44\">\u4f18\u70b92\uff1a\u53ef\u4ee5\u8fdb\u884c\u4e0d\u8f6c\u8ba9\u63a7\u5236\u6743\u7684\u7b79\u8d44<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E4%BC%98%E7%82%B93%EF%BC%9A%E4%B8%8D%E5%BF%85%E4%BB%A5%E5%85%AC%E5%8F%B8%E4%B8%BA%E5%8D%95%E4%BD%8D%E8%BF%9B%E8%A1%8C\" title=\"\u4f18\u70b93\uff1a\u4e0d\u5fc5\u4ee5\u516c\u53f8\u4e3a\u5355\u4f4d\u8fdb\u884c\">\u4f18\u70b93\uff1a\u4e0d\u5fc5\u4ee5\u516c\u53f8\u4e3a\u5355\u4f4d\u8fdb\u884c<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#ICO%E7%9A%84%E7%BC%BA%E7%82%B9\" title=\"ICO\u7684\u7f3a\u70b9\">ICO\u7684\u7f3a\u70b9<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E7%BC%BA%E7%82%B91%EF%BC%9A%E5%B0%9A%E6%9C%AA%E6%99%AE%E5%8F%8A\" title=\"\u7f3a\u70b91\uff1a\u5c1a\u672a\u666e\u53ca\">\u7f3a\u70b91\uff1a\u5c1a\u672a\u666e\u53ca<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E7%BC%BA%E7%82%B92%EF%BC%9A%E8%A2%AB%E8%AD%A6%E6%83%95%E6%98%AF%E5%90%A6%E6%98%AF%E6%AC%BA%E8%AF%88\" title=\"\u7f3a\u70b92\uff1a\u88ab\u8b66\u60d5\u662f\u5426\u662f\u6b3a\u8bc8\">\u7f3a\u70b92\uff1a\u88ab\u8b66\u60d5\u662f\u5426\u662f\u6b3a\u8bc8<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E7%BC%BA%E7%82%B93%EF%BC%9A%E8%BF%87%E5%8E%BB%E7%9A%84%E6%A1%88%E4%BE%8B%E8%BF%98%E5%BE%88%E5%B0%91\" title=\"\u7f3a\u70b93\uff1a\u8fc7\u53bb\u7684\u6848\u4f8b\u8fd8\u5f88\u5c11\">\u7f3a\u70b93\uff1a\u8fc7\u53bb\u7684\u6848\u4f8b\u8fd8\u5f88\u5c11<\/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\/zh-cn\/general-corporate\/comparison-ico-ipo\/#%E6%80%BB%E7%BB%93\" title=\"\u603b\u7ed3\">\u603b\u7ed3<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO%E4%B8%8EICO%E7%9A%84%E5%85%B1%E5%90%8C%E7%82%B9\"><\/span>IPO\u4e0eICO\u7684\u5171\u540c\u70b9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u90a3\u4e48\uff0c\u201c\u81ea\u884c\u53d1\u884c\u865a\u62df\u8d27\u5e01\u201d\u548c\u201c\u4f7f\u7528\u865a\u62df\u8d27\u5e01\u7b79\u96c6\u8d44\u91d1\u201d\u8fd9\u4e24\u4e2a\u6982\u5ff5\u5177\u4f53\u662f\u5982\u4f55\u5b9e\u73b0\u7684\u5462\uff1f\u5b9e\u9645\u4e0a\uff0c\u8fd9\u4e2a\u8fc7\u7a0b\u4e0e\u73b0\u6709\u7684IPO\uff08Initial Public Offering\uff0c\u4e5f\u79f0\u4e3a\u9996\u6b21\u516c\u5f00\u53d1\u884c\uff09\u8fc7\u7a0b\u975e\u5e38\u76f8\u4f3c\u3002\u5173\u4e8eIPO\u7684\u8be6\u7ec6\u89e3\u91ca\uff0c\u6211\u4eec\u5c06\u5728\u5176\u4ed6\u53c2\u8003\u4e66\u7c4d\u548c\u66f4\u8be6\u7ec6\u7684\u7f51\u7ad9\u4e0a\u8fdb\u884c\uff0c\u4f46\u5b9e\u9645\u4e0a\uff0c\u5982\u679c\u4f60\u5bf9IPO\u7684\u57fa\u672c\u77e5\u8bc6\u6709\u6240\u4e86\u89e3\uff0c\u90a3\u4e48\u7406\u89e3ICO\u5c31\u4f1a\u53d8\u5f97\u66f4\u5bb9\u6613\u3002\u901a\u8fc7\u6bd4\u8f83IPO\uff0c\u6211\u4eec\u53ef\u4ee5\u770b\u5230ICO\u7684\u4f18\u70b9\u548c\u7f3a\u70b9\uff0c\u5927\u90e8\u5206\u90fd\u4e0e\u786c\u5e01\u7684\u6b63\u53cd\u9762\u6709\u5173\u3002<\/p>\n\n\n\n<p>\u8c08\u5230ICO\u548cIPO\u7684\u5171\u540c\u70b9\uff0c\u9996\u5148\u8981\u660e\u786e\u7684\u662f\uff0c\u5b83\u4eec\u90fd\u662f\u4f01\u4e1a\u5bb6\u7b79\u96c6\u8d44\u91d1\u7684\u624b\u6bb5\u3002\u4f8b\u5982\uff0c\u5728\u542f\u52a8\u65b0\u4e1a\u52a1\u65f6\uff0c\u5927\u591a\u6570\u60c5\u51b5\u4e0b\u90fd\u9700\u8981\u5927\u91cf\u7684\u8d44\u91d1\uff0c\u8fd9\u5df2\u7ecf\u662f\u4e0d\u8a00\u800c\u55bb\u7684\u4e8b\u5b9e\u3002\u65e0\u8bba\u4f60\u7684\u8ba1\u5212\u6709\u591a\u4e48\u5145\u6ee1\u68a6\u60f3\u548c\u5e0c\u671b\uff0c\u5982\u679c\u6ca1\u6709\u8db3\u591f\u7684\u8d44\u91d1\u6765\u5b9e\u73b0\u5b83\uff0c\u90a3\u4e48\u5b83\u53ef\u80fd\u53ea\u662f\u4e00\u5e45\u753b\u4e2d\u7684\u997c\u3002<\/p>\n\n\n\n<p>IPO\uff0c\u7b80\u5355\u6765\u8bf4\uff0c\u5c31\u662f\u901a\u8fc7\u5c06\u4ee3\u8868\u516c\u53f8\u8d44\u4ea7\u4ef7\u503c\u7684\u4e00\u90e8\u5206\u7684\u80a1\u7968\u5728\u4ea4\u6613\u5e02\u573a\u4e0a\u6d41\u901a\uff0c\u4ece\u800c\u7b79\u96c6\u8d44\u91d1\u3002\u5982\u679c\u8bb8\u591a\u6295\u8d44\u8005\u770b\u5230\u516c\u53f8\u4e1a\u52a1\u7684\u672a\u6765\u6f5c\u529b\uff0c\u90a3\u4e48\u80a1\u7968\u7684\u5e02\u573a\u4ef7\u503c\u81ea\u7136\u4f1a\u4e0a\u5347\uff0c\u516c\u53f8\u5c31\u80fd\u83b7\u5f97\u5b9e\u73b0\u4e1a\u52a1\u7684\u8d44\u91d1\u3002<\/p>\n\n\n\n<p>\u53e6\u4e00\u65b9\u9762\uff0cICO\u662f\u901a\u8fc7\u516c\u53f8\u65b0\u53d1\u884c\u7684\u7528\u4e8e\u7b79\u96c6\u8d44\u91d1\u7684\u865a\u62df\u8d27\u5e01\uff08\u79f0\u4e3a\u4ee3\u5e01\uff09\u6765\u8fdb\u884c\u7684\u3002\u968f\u7740\u4e1a\u52a1\u7684\u589e\u957f\uff0c\u4eba\u4eec\u671f\u671b\u865a\u62df\u8d27\u5e01\u7684\u4ef7\u503c\u4f1a\u4e0a\u5347\uff0c\u8fd9\u79cd\u60c5\u51b5\u4e0e\u4e0a\u5e02\u516c\u53f8\u7684\u80a1\u7968\u6709\u7740\u5b8c\u5168\u76f8\u540c\u7684\u5173\u7cfb\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO%E7%9A%84%E4%B8%93%E5%AE%B6%E6%98%AF%E5%AE%A1%E8%AE%A1%E5%85%AC%E5%8F%B8%E5%92%8C%E4%BC%9A%E8%AE%A1%E5%B8%88%EF%BC%8C%E9%82%A3%E4%B9%88ICO%E5%91%A2%EF%BC%9F\"><\/span>IPO\u7684\u4e13\u5bb6\u662f\u5ba1\u8ba1\u516c\u53f8\u548c\u4f1a\u8ba1\u5e08\uff0c\u90a3\u4e48ICO\u5462\uff1f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u901a\u8fc7IPO\u8fdb\u884c\u7b79\u8d44\u610f\u5473\u7740\u8be5\u516c\u53f8\u5c06\u6210\u4e3a\u4e0a\u5e02\u516c\u53f8\u3002\u56e0\u6b64\uff0c\u81ea\u7136\u800c\u7136\u5730\uff0c\u516c\u53f8\u4e5f\u9700\u8981\u5177\u5907\u76f8\u5e94\u7684\u793e\u4f1a\u4fe1\u8a89\u3002IPO\u9700\u8981\u7ecf\u8fc7\u91d1\u878d\u5385\u3001\u8bc1\u5238\u516c\u53f8\u3001\u8bc1\u5238\u4ea4\u6613\u6240\u7b49\u4e25\u683c\u7684\u5ba1\u67e5\uff0c\u624d\u80fd\u6700\u7ec8\u5b9e\u73b0\uff0c\u8fd9\u5c31\u662f\u539f\u56e0\u3002<\/p>\n\n\n\n<p>\u4e00\u822c\u6765\u8bf4\uff0c\u4f01\u4e1aIPO\u7684\u652f\u6301\u662f\u5ba1\u8ba1\u516c\u53f8\u548c\u6ce8\u518c\u4f1a\u8ba1\u5e08\u7684\u4e13\u4e1a\u9886\u57df\u3002\u539f\u56e0\u4e5f\u662f\uff0c\u4e3a\u4e86\u901a\u8fc7IPO\u7684\u5404\u79cd\u4e25\u683c\u5ba1\u67e5\uff0c\u4f1a\u8ba1\u5ba1\u8ba1\u4e13\u4e1a\u7684\u89c6\u89d2\u662f\u975e\u5e38\u6709\u7528\u7684\u3002<\/p>\n\n\n\n<p>\u53e6\u4e00\u65b9\u9762\uff0cICO\u5e76\u4e0d\u9700\u8981\u50cfIPO\u90a3\u6837\u7ecf\u8fc7\u4e25\u683c\u7684\u5ba1\u67e5\u548c\u7e41\u7410\u7684\u7a0b\u5e8f\u3002\u76f8\u53cd\uff0c\u4efb\u4f55\u4eba\u90fd\u53ef\u4ee5\u8fc5\u901f\u5730\u6267\u884cICO\uff0c\u8fd9\u53ef\u4ee5\u8bf4\u662fICO\u7684\u4f18\u70b9\u3002<\/p>\n\n\n\n<p>\u7136\u800c\uff0c\u5373\u4f7fICO\u4e0d\u9700\u8981\u50cf\u4f20\u7edfIPO\u90a3\u6837\u7e41\u7410\u7684\u7a0b\u5e8f\uff0c\u4e5f\u5e76\u4e0d\u610f\u5473\u7740\u4e0d\u9700\u8981\u884c\u653f\u7a0b\u5e8f\u77e5\u8bc6\u6216\u6cd5\u5f8b\u77e5\u8bc6\u3002\u4f8b\u5982\uff0c\u5982\u679c\u516c\u53f8\u53d1\u884c\u7684\u4ee3\u5e01\u7b26\u5408\u4fee\u8ba2\u540e\u7684\u300a\u65e5\u672c\u8d44\u91d1\u7ed3\u7b97\u6cd5\u300b\u4e2d\u7684\u201c\u865a\u62df\u8d27\u5e01\u201d\uff0c\u5219\u9700\u8981\u6ce8\u518c\u4e3a\u865a\u62df\u8d27\u5e01\u4ea4\u6362\u5546\u3002\u5373\u4f7f\u4e0d\u7b26\u5408\u865a\u62df\u8d27\u5e01\u7684\u5b9a\u4e49\uff0c\u5982\u679c\u88ab\u89c6\u4e3a\u9884\u4ed8\u6b3e\u65b9\u5f0f\uff0c\u5982\u7535\u5b50\u8d27\u5e01\uff0c\u4e5f\u53ef\u80fd\u9700\u8981\u9884\u5148\u62a5\u544a\uff0c\u6216\u8005\u6709\u4e49\u52a1\u5411\u56fd\u5bb6\u5b58\u5165\u4fdd\u8bc1\u91d1\u3002\u4e5f\u5c31\u662f\u8bf4\uff0c\u5373\u4f7f\u624b\u7eed\u8d39\u548c\u6210\u672c\u53ef\u4ee5\u964d\u4f4e\uff0c\u4e5f\u5e76\u4e0d\u610f\u5473\u7740\u53ef\u4ee5\u968f\u5fc3\u6240\u6b32\u3002\u4ece\u8fd9\u4e2a\u610f\u4e49\u4e0a\u8bf4\uff0cIPO\u6709\u660e\u786e\u7684\u6cd5\u89c4\uff0c\u53ea\u8981\u6309\u7167\u201c\u8f68\u9053\u201d\u8fdb\u884c\uff0c\u5c31\u4e0d\u4f1a\u51fa\u73b0\u95ee\u9898\uff0c\u53cd\u800c\u53ef\u4ee5\u8bf4\u662f\u201c\u5b89\u5168\u201d\u7684\u3002<\/p>\n\n\n\n<p>\u6b63\u56e0\u4e3a\u6ca1\u6709\u76f4\u63a5\u89c4\u8303ICO\u7684\u6cd5\u5f8b\uff0c\u56e0\u6b64\uff0c\u627e\u51fa\u5408\u6cd5\u548c\u975e\u6cd5\u7684\u754c\u9650\u5f80\u5f80\u53d8\u5f97\u56f0\u96be\uff0c\u7406\u89e3\u57fa\u4e8e\u539f\u5219\u89e3\u8bfb\u6cd5\u5f8b\u7684\u91cd\u8981\u6027\u5c31\u663e\u5f97\u66f4\u4e3a\u91cd\u8981\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO%E7%9A%84%E4%BC%98%E7%82%B9\"><\/span>ICO\u7684\u4f18\u70b9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u5728\u8003\u8651\u4e86\u4e0a\u8ff0\u5185\u5bb9\u540e\uff0c\u6211\u4eec\u6765\u6574\u7406\u4e00\u4e0bICO\u7684\u4f18\u70b9\u548c\u7f3a\u70b9\u3002\u4ee5\u4e0b\u662f\u4ece\u7ecf\u8425\u89d2\u5ea6\u51fa\u53d1\uff0c\u9996\u5148\u5217\u4e3e\u7684\u4f18\u70b9\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E4%BC%98%E7%82%B91%EF%BC%9A%E6%89%8B%E7%BB%AD%E7%AE%80%E4%BE%BF%EF%BC%8C%E5%8F%AF%E4%BB%A5%E9%99%8D%E4%BD%8E%E6%88%90%E6%9C%AC\"><\/span>\u4f18\u70b91\uff1a\u624b\u7eed\u7b80\u4fbf\uff0c\u53ef\u4ee5\u964d\u4f4e\u6210\u672c<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u7531\u4e8e\u4e0d\u9700\u8981\u91d1\u878d\u5385\u3001\u8bc1\u5238\u516c\u53f8\u3001\u8bc1\u5238\u4ea4\u6613\u6240\u7b49\u7684\u5ba1\u67e5\uff0c\u624b\u7eed\u7b80\u4fbf\uff0c\u800c\u4e14\u53ef\u4ee5\u51cf\u5c11\u59d4\u6258\u4f1a\u8ba1\u5e08\u5de5\u4f5c\u7684\u6210\u672c\u3002<br> \u2192\u8fd9\u4e0d\u4ec5\u53ef\u4ee5\u964d\u4f4e\u7ecf\u6d4e\u6210\u672c\uff0c\u800c\u4e14\u53ef\u4ee5\u5feb\u901f\u5730\u8ba9\u4efb\u4f55\u4eba\u5b9e\u65bd\uff0c\u8fd9\u4e5f\u662f\u4e00\u4e2a\u4f18\u70b9\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E4%BC%98%E7%82%B92%EF%BC%9A%E5%8F%AF%E4%BB%A5%E8%BF%9B%E8%A1%8C%E4%B8%8D%E8%BD%AC%E8%AE%A9%E6%8E%A7%E5%88%B6%E6%9D%83%E7%9A%84%E7%AD%B9%E8%B5%84\"><\/span>\u4f18\u70b92\uff1a\u53ef\u4ee5\u8fdb\u884c\u4e0d\u8f6c\u8ba9\u63a7\u5236\u6743\u7684\u7b79\u8d44<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u867d\u7136\u80a1\u7968\u4e0e\u516c\u53f8\u7684\u63a7\u5236\u6743\u6709\u5173\uff0c\u4f46ICO\u53ef\u4ee5\u8fdb\u884c\u201c\u4e0d\u8f6c\u8ba9\u63a7\u5236\u6743\u7684\u7b79\u8d44\u201d\u3002<br> 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id=\"%E4%BC%98%E7%82%B93%EF%BC%9A%E4%B8%8D%E5%BF%85%E4%BB%A5%E5%85%AC%E5%8F%B8%E4%B8%BA%E5%8D%95%E4%BD%8D%E8%BF%9B%E8%A1%8C\"><\/span>\u4f18\u70b93\uff1a\u4e0d\u5fc5\u4ee5\u516c\u53f8\u4e3a\u5355\u4f4d\u8fdb\u884c<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u5e76\u4e0d\u4e00\u5b9a\u8981\u4ee5\u516c\u53f8\u4e3a\u5355\u4f4d\u8fdb\u884c\uff0c\u4e5f\u53ef\u4ee5\u4ee5\u201c\u4e1a\u52a1\u5355\u4f4d\u201d\u6216\u201c\u975e\u5173\u8054\u7684\u591a\u4e2a\u516c\u53f8\u201d\u8fdb\u884c\uff08\u4f46\u5b9e\u9645\u4e0a\uff0c\u975e\u5173\u8054\u516c\u53f8\u8fdb\u884c\u7684\u6848\u4f8b\u5e76\u4e0d\u591a\uff09\u3002<br> \u2192\u80a1\u7968\u4e0e\u7279\u5b9a\u516c\u53f8\u7684\u63a7\u5236\u6743\u4e00\u5bf9\u4e00\u5bf9\u5e94\uff0c\u4f46\u865a\u62df\u8d27\u5e01\u5e76\u4e0d\u5177\u6709\u8fd9\u6837\u7684\u5236\u5ea6\u80cc\u666f\uff0c\u56e0\u6b64\u6709\u4f59\u5730\u8fdb\u884c\u4e2a\u522b\u81ea\u7531\u8bbe\u8ba1\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ICO%E7%9A%84%E7%BC%BA%E7%82%B9\"><\/span>ICO\u7684\u7f3a\u70b9<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\u53e6\u4e00\u65b9\u9762\uff0cICO\u7684\u7f3a\u70b9\u53ef\u4ee5\u5217\u4e3e\u5982\u4e0b\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%BC%BA%E7%82%B91%EF%BC%9A%E5%B0%9A%E6%9C%AA%E6%99%AE%E5%8F%8A\"><\/span>\u7f3a\u70b91\uff1a\u5c1a\u672a\u666e\u53ca<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u4e0e\u80a1\u7968\u6295\u8d44\u8005\u76f8\u6bd4\uff0cICO\u7684\u8d44\u91d1\u7b79\u96c6\u8fd8\u4e0d\u80fd\u8bf4\u662f\u666e\u904d\u7684\uff0c\u7b79\u96c6\u91d1\u989d\u6709\u9650\u3002<br> \u2192\u7136\u800c\uff0c\u8003\u8651\u5230ICO\u5177\u6709\u5feb\u901f\u6267\u884c\u7684\u4f18\u70b9\uff0c\u4e3a\u4e86\u5438\u5f15\u516c\u4f17\u7684\u6ce8\u610f\u529b\uff08\u4f8b\u5982\u4f7f\u7528\u7f51\u7edc\u8fdb\u884c\u7684\u8425\u9500\uff09\uff0c\u6295\u5165\u529b\u91cf\u53d8\u5f97\u91cd\u8981\u3002<\/p>\n\n\n\n<h3 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