Article published at Forex Alchemy
ICOs took off in a huge way in 2017, with over 1,000 ICOs raising over $4 billion in total. For the uninitiated, an ICO or Initial Coin Offering is the latest fundraising tool on the (aptly named) block, for both start-ups and established companies alike. Companies raise capital by issuing and selling their digital tokens to the public.
This ICO momentum is set to continue in 2018, as tokens are increasingly becoming new ways to finance innovation, not only in pure tech but also in films, real-estate, sports, medical-tech and even the medical marijuana industry. With that said, let us look at some of the platforms that provide information about these launches and sales for the benefit of investors.