In the USA, the amount of money raised through ICOs exceeded $ 4 billion
Posted On March 23, 2021
How to Launch a Simple ICO on Ethereum
Most of the investments were attracted by startups that are developing new versions of the distributed ledger and companies that are improving financial technologies..
The main part of the funds was collected back in 2017, in 2016 it raised $ 225 million, writes the Wall Street Journal.
The growth of raised money continues to grow, despite warnings about the dangers and risks of this model. On this occasion, the US Securities and Exchange Commission (SEC), as well as regulators of large states, have already spoken out. They warn that a person investing in this way is not protected by law in any way, which is what many unscrupulous companies use..
Also on this occasion spoke out co-founder of Etherium Vitalik Buterin. In his opinion, many companies are introducing tokens just to attract money. At some point, the market will understand that many tokens have no real value and it will be more difficult to conduct a new ICO..
The US Securities and Exchange Commission has developed safe ICO standards. Read about it in our material.