ICO News

An initial coin offering, or ICO, is a controversial fundraising method for launching blockchain and cryptocurrency networks that involves the sale and distribution of a new crypto asset in exchange for other tokens, commonly Bitcoin (BTC) and Ether (ETH). 

During the “ICO mania” of 2017 to 2018, projects collectively raised billions of dollars in capital, largely through nonaccredited investors. 

This funding method has since lost most of its legitimacy, both inside and outside the industry. Many ICOs were clearly frauds or, at best, operating in regulatory gray areas. Over the past few years, regulatory agencies such as the United States Securities and Exchange Commission,or SEC, have brought legal action to past and present ICOs, slowly creating legal precedent and guidelines for future ventures. 

While the ICO is now a precarious fundraising method for projects and investors alike, it did showcase a powerful use case of blockchain in permissionless fundraising at incredible scale. Over time, the launch methods of cryptocurrency networks will become more sophisticated, safe and, perhaps, regulatorily sound. 

How to crypto
Crypto launchpads allow new crypto projects to raise funds while giving investors first access to tokens. Here’s how they work.
What is a crypto launchpad, and how does it work?
Marcel Deer
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation.
UK Treasury publishes crypto framework paper: Here’s what’s inside
David Attlee
The latest strategy paper from the Central Bank of Nigeria marked the necessity to create a legal framework for stablecoins.
Nigeria to create legal framework for stablecoins and ICOs
David Attlee
Thor Technologies got a lump of coal in its Christmas stocking from the SEC in the form of charges relating to the ICO for its Thor Token that failed a year lat...
SEC files unregistered securities charges against Thor Token creators for 2018 ICO
Derek Andersen
Josipa Majic explains what she and her partners did to build a crypto company at a time when investors were fleeing the space.
Crypto Stories: How an entrepreneur raised $10M for her startup during a bear market
Ana Paula Pereira
A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovat...
South Korean central bank eyes MiCA, says future regulations may allow ICOs again
Derek Andersen
Enjoy Axie Infinity, DeFi Kingdoms and other cryptocurrency games while they last because lawmakers are poised to crack down by mid-2023.
GameFi developers could be facing big fines and hard time
Rudy Takala
The commission said it would be seeking “permanent injunctions, disgorgement with prejudgment interest, civil penalties against and conduct-based injunctions.”
2017 ICOs aren’t over yet: SEC files suit against Dragonchain and its founder
Turner Wright

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