The IFO concept ave.change is
Initial Fork Offerings (IFO) are a crypto-currency based on bitcoin and other mainstream currencies. If the Initial value of an IFO is a bitcoin blockchain, it splits into another chain according to different rules. For example, bitcoin's first forking creates a new digital currency called BCH (Bitcoin Cash). Basically, people who own mainstream coins like Bitcoin can get forked coins, a new way to raise money using virtual currencies.
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