As ICOs Wane, Big Money Squeezes Out The Little Guy

Written by techlooter | Published 2019/05/02
Tech Story Tags: ico | cryptocurrency | blockchain | big-money | regulation | initial-coin-offering | ico-decline | money-drain

TLDR In 2017, the Initial Coin Offering (ICO) exploded onto the global scene and upended the traditional method of funding an early-stage business. 80% of ICOs conducted in 2017 have since been identified as scams. Together, those scams cost investors approximately $1.3 billion. While the investor interest in ICOs has cooled, there’s been a corresponding rise in interest in Security Token Offerings (STO) As financial instruments, they operate much like any other conventional private investment offer.via the TL;DR App

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Written by techlooter | Cofounder at HOME3. A digital evangelist.
Published by HackerNoon on 2019/05/02