Tag Archives: many countries

According to Forbes, more than $ 3 billion were raised through ICOs in 2017. Having risen to the level of interest in cryptocurrencies, ICO has become an effective and fast way to raise funds for the implementation of technology projects. However, any simplicity has a downside. In the case of the ICO, the shadow side became widespread opportunities for the application of this scheme not only by bona fide teams, but also by other scammers who simply misappropriated the collected money. The absence of any administrative control, the huge popularity of bitcoin and other cryptocurrencies, as well as the low technical literacy of the ICO operators in the space «Wild West». The likelihood of being deceived was off scale. Sooner or later, it was necessary to turn the process of financing blockchain startups into a safe, or at least not so risky, space. There are two new directions for the…

Read more

1/1