The boom of Initial Coin Offering (ICO) popularity continues to arise around the globe. Modern day investors seem more eager than ever to take part in ICOs of all kinds. It is assisting to bring more people into the crypto space. More and more governments, central banks are becoming involved, seeking to limit, or prevent, ICOs with actions that range from warnings to outright bans.
The ICO movement is growing exponentially, and is assisting to bring cryptocurrency into the mainstream. While on the other hand, experts are becoming increasingly bolder in their attempts to limit it. ICO fundraising has now reached enormous amount in billion, more than half of which has taken place this year. Coins under development span the business world, and comprise sectors respectively as investment, real estate, health care, tech, and entertainment. This activity enumerates the most dynamic change in the investment world in decades, as sector specific cryptocurrency is wholly new asset class. Many coin platforms have raised vast sums with little more than a slick looking website and relative convincing sales pitch. More governments and state regulators are responding to the ICO boom in a variety of ways.