Nearly Half of 2017’s Cryptocurrency ‘ICO’ Projects Have Already Died
Last year was without a doubt the Year of Bitcoin, as exploding interest in cryptocurrency fueled a massive market runup. As if that wasn’t enough excitement, some speculators took the further leap to investing in cryptocurrency projects through a lightly regulated process called an “ICO,” or initial coin offering, in which a startup sells its own crypto token to raise money. We here at Fortune have cast a curious but frequently skeptical eye on ICOs, which from the get-go were ripe for scams. I…
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