There is a fin de siècle feel to the sudden desperation of investors to throw away their money on cryptocurrency start-ups funded through initial coin offerings. ICO has come to appear in financial headlines more frequently than IPO in recent months. For the uninitiated, ICOs are offerings of the tokens used to exchange value on blockchain networks. The most famous token is bitcoin but there are now dozens being exchanged and traded, including Ethereum, Ripple, Litecoin, Dash, Monero, IOTA and Stratis.
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