Too Long; Didn't Read
ICOs, whether you love them or hate them, revolutionized not only the crypto world but they also helped shape modern crowdfunding as a whole. They seemingly appeared alongside smart contracts and as the bandwagon grew larger, so did the number of scams and fraudulent projects. According to a study published at Boston University, <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3182169" target="_blank">over 50% of all ICOs stopped operating within four months after launch.</a> Many countries are trying to create regulations to govern the ICO industry, but could it simply be time to move onto a new, more secure version of raising capital?