Three months into 2019, what’s the news in #crypto?
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The prolonged “crypto winter” combined with the numerous #ico exit scams were a significant body blow to the #blockchain-crypto space. But 2019 shows promise, with that let’s look at some of the significant market trends.ICO Landscape: ICOs take a deadly blowOverall the number of ICOs have dropped dramatically the world over, despite the efforts of some countries to create a conducive environment for launching an ICO. During Q1 of 2019, the number of ICOs fell by 61% when compared to Q4 of 2018.Funds raised ($MM) country-wisesourceIn terms of funds raised companies from countries such as the UAE and Cayman Islands have leapfrogged ahead of the usual suspects like UK and Singapore. UAE and Cayman Island companies attracted $142 million and $100 million respectively and accounted for 21% and (...)