Initial Coin Offerings (ICO) are all the rage. In 2016, 69 start-ups raised a total of $103 million. In the first half of 2017, $1.2bn has already changed hands. No surprise then, that armies of aficionados and sceptics are lining up to debate the pros and cons of this already infamous innovation. Doubters have started using the dreaded “B-word”, but advocates argue that far from being a bubble, ICOs are set to supersede the likes of P2P lending and crowdfunding as the world’s fastest growing mode of fundraising.
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