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China's ICO ban will not derail the cryptocurrency movement
Publié: septembre 28, 2017, 7:53am CEST par Jean-Yves Sireau
There is a boom in initial coin offerings (ICOs) in 2017, where firms are mainly offering in-app tokens for investors. These arrangements only work in a given ecosystem and represent companies that are trying hard to not offer "securities" due to the SEC, regulations, etc. Many firms have taken in funds through ICOs that are far more than their true value and with such a supply of offerings, the quality of the typical ICO event has dropped precipitously. ICOs work as a crowdfunding tool where a percentage of the newly issued currency is provided to new investors in exchange for… [Continue Reading]