Can The Failing ICO Mechanism Turn Things Around? – Forbes

Can The Failing ICO Mechanism Turn Things Around?  Forbes

When a graph depicting the funding of ICOs month on month from May 2017 to October 2018 was published on Bloomberg the alarm bells which had already sounded reached their crescendo. ICO funding had dropped to a 17 month low in September. For most, there was no surprise in that statement, barring perhaps the extent in which the ICO furore had fallen. At its peak – towards the end of last year and through to January – ICOs were garnering frankly astounding sums of money as investors sniffed around for potentially massive return on investment. However, the ICO mechanism has come under heavy sc...