TL;DR —
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.
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Written by
@techlooter
Cofounder at HOME3. A digital evangelist.
Topics and
tags
tags
ico|cryptocurrency|blockchain|big-money|regulation|initial-coin-offering|ico-decline|money-drain
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