Contemporary ICOs Are More Dead Than Not
According to Diar analysts the initial coins offerings (ICO) collected $ 65 million in November 2018. In total, in 2018, ICOs have attracted more than $ 12.2 billion, but in the second half of the year, the projects decreased their activity due to the tight policy of regulators and the decline in the cryptocurrency market.
Last week, the head of the US Securities and Exchange Commission (SEC), Jay Clayton, said that ICO was an effective way to attract investment. Nevertheless, according to him, no one has repealed the legislation on securities, which means that its norms were valid regardless of the degree of innovativeness of capital raising methods.