Are Regulators Hurting or Helping Token Sales?

pInitial Coin Offerings, also known as ICOs have been all the rage since the first token offering in 2013. Despite the introduction of ICOs 5 years ago, fund raising using ICO didn’t gain traction until 2016. The year 2016 saw a boom in ICOs with 54 major ICOs raising a total of $103 million in that year. Subsequently, 92 major ICOs raised over $1.25 billion in 2017. The sudden interest in token sales was partially responsible for the cryptocurrency boom of 2017. Fund raising using ICO is a revolutionary way for startups to raise capital. Initial Coin Offerings decentralization allows startups to cut through regulatory red tape. Decentralization, however, also makes it easy for dishonest individuals and startups to create fraudulent ICOs. br /A grinding halt Fund raising using ICOs had a good regulation-free run, but the fun run is coming to a halt. ICO marketing provided a disruptive way to raise funds, but where there is disruption, there are loopholes. Thes