The average amount that an Initial coin offering raises is around $11.5 million dollars, which is according to some recent analysis of over 750 ICOs. This then begs the question for where all of this value comes from? This is an important question that perplexes both investors and the founders of ICOs themselves. How do teams, often with no company and no product design end up making $11.5 million dollars out of thin air?.Read more
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