Over $1.2 billion in Cryptocurrency was raised through Initial Coin Offerings (“ICOs”) in the first half of 2017, far outstripping venture capital investment into Blockchain and Bitcoin firms. Of that amount, approximately $600 million was raised in last 30 days alone.
Autonomous is pleased to announce the release of “Token Mania,” an in-depth look at Initial Coin Offerings: What they are, how they work, and the ways in which this new funding mechanism based on distributed-ledger technology stands to displace traditional markets for public and private investment.
This 78-page document addresses many of the controversial issues that have surrounded the ICO phenomenon, including similarities to the dotcom bubble, the impact of “Bitcoin whales,” the landscape of regulation, and other topics. The analysis includes key takeaways for startups, financials incumbents and investors, and is available freely from the link to the right.