When does it will stop? Cause it cant grow in eternity. And im rly affraid of the throwback in the ETH priceThe Initial Coin Offering (ICO) craze has been a crowdfunding spectacle over the past two years gathering millions of dollars from investors. Lately, ICOs have been more prominent than ever and are starting to draw attention from government regulators and skeptics of these token projects filled with promises.
Over the past six months, statistics say ICOs have raised roughly $300 million, and most of these projects are stemming from the Ethereum network. Some of the biggest ICOs have been platforms like Aeternity, Status, Aragon, Ten X, and the latest Bancor protocol which just recently surpassed the DAO in funding. Furthermore, there are many more token sales on the horizon like Tezos, and the hyped up EOS project created by the company Block.one. A huge token crowd sale has taken place nearly every two weeks or more.
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