ICOs May Die Sooner Than You Think
▻https://hackernoon.com/icos-may-die-sooner-than-you-think-f7838bf69da2?source=rss----3a8144eabf
What seemed too good to be true, has foreseeably proved to be it.It seems like the highest high that crypto devotees have discerned in the last and past few years, have now faced the low tides of the crypto seas.The culprit? High-profile fraudulent activities and a range of other malpractices revolving around cryptocurrency.The amount of backlash and flak it’s been receiving coupled with FUD being spread by financial powers in the media is just adding to the descent.This in turn, has had an adverse effect on the faith in Initial Coin Offerings as a means of fundraising, owing to the increased cautiousness of investors.Because this method is taking a turn for decline, firms are now looking at alternative sources of fundraising and using the #blockchain innovation.Among this is crowd (...)