Many of the smaller projects in the crypto space — and a few of the largest ones — raised money from private investors around the world in the crypto equivalent of a crowdfunding campaign.
The Universal Metaverse USM is a 3D Planet virtual world where users can own lands, build buildings such as stores and art galleries, create and play games.
Investors would send funds — usually in the form of Bitcoin — to the project and receive coin or tokens in return.
Most ICOs happened in 2017 and early 2018 and used as a platform of operation via the ERC-20 standard.
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00000004 BTC on major cryptocurrency exchanges.