/Rise of the ICO: Attempting to Harness Blockchain's Wildchild

Rise of the ICO: Attempting to Harness Blockchain's Wildchild



On 12 June 2017, a blockchain-based company called Bancor raised approximately $153 million in ether (the coin of the cryptocurrency Ethereum) in just less than three hours by way of an initial coin offering (ICO). 10,855 investors participated in the ICO making it at the time the largest crowdsale …

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