Blockchain Industry Review by IdeaFeX Q1 2019 part 11 — Fundraising & Investment
ICOs
Utility tokens failure is overblown. According to some, less than a quarter of ICOs are worth more now than they were at the moment of their launch. Even if one wants to advocate the system, it looks hard to see it as a success. You could also argue that extreme volatility in crypto is at its paroxysm for utility ICO tokens; alternatively, these price curves could merely reflex the difficult stage that startups all endure in the more obscure, illiquid VC-backed financing model.
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This is the exert of a post originally published on our Medium channel: https://medium.com/@IdeaFeX/blockchain-industry-review-by-ideafex-q1-2019-part-11-fundraising-investment-295d83af8718
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