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It’s safe to say that 2017 has been the year for Initial Coin Offerings (ICOs). For the uninitiated (excuse the pun), an ICO works similarly to an IPO, except that instead of shares, crypto-tokens are issued to the investors.
While I was writing this article, the total cryptocurrency market value just ticked over $85 billion. At the start of 2017, the figure was a relatively paltry $18 billion.
Next year will mark the 10th year of Bitcoin’s conception; hard to believe that a decade has gone by since one of the most potentially disruptive technologies has been introduced to wreak havoc on the world.