There are 5,298 active ICOs on the platform according to ICO Bench report. Cryptocurrencies are dying all over the world. While there are many platforms surviving and thriving, a report issued in July of 2018 found that more than 800 of those are essentially dead and no longer able to function at the capacity that they strived for not long ago.
It did not work that way, and now, what is next? What will happen to all those who invested heavily in ICO, pumping their own money, sometimes invest their life savings into cryptocurrencies and observing them collapsing?
The reality is that 80 percent of the ICOs were frauds, and 10 percent lacked substance and failed shortly after raising money. Most of the remaining 10 percent may likely suffer the same fate as well.
At a recent virtual live interview which took place at a crypto event in Japan discussing block chain business and technology, CEO of VOX Stefano Virgilli, shares his views on the current state of Initial Coin Offering (ICO) and its regulations, as well as the new wave of Security Token Offering (STO) trend.
CoinChoice published an article covering the current state of Singapore’s crypto culture and upcoming trends of 2019. It features serial entrepreneur and CEO of VOX, Stefano Virgilli, who shares about the state of ICO. He also discusses about STO (Security Token Offering) and NTUT (Non-Tradable-Utility-Token).
CoinChoice is a comprehensive information site for those who want to invest in virtual currencies such as bit coins and ether symbols. Check out featured article here: 暗号通貨のハブエリア、シンガポールに行ってきた！現地視察レポート