ICO

Aspiring to be number one in the rapidly developing fintech field, the representatives of Europe are far ahead of others. This year, initial coin offerings (ICOs) have collected nearly $4.1 billion in European countries, while the United States invested around $2.6 billion.

For the last few years, the cryptocurrency market has turned the investment system into a real mess. ICO projects are accessible to ordinary people, so anyone can be an investor, no matter their level of education or knowledge. It seems like nobody needs professionals these days. People can support projects directly now and that’s why more and more investors can’t see the point in working with funds.

According to independent research conducted by Autonomous Research, the activity of initial coin offerings (ICOs) has notably dropped compared to the numbers we saw at the beginning of the year. With investments of less than $300 million, September seemed to be not the best month for ICOs either.

The chairman of Korea's National Policy Committee and member of the country's governing Democratic Party, Min Byung-Doo, has highly encouraged the government to consider legalizing initial coin offerings (ICO) and to also impose good digital currency-related regulatory frameworks to legitimize the domestic market.

The UAE government has taken a significant step in understanding the general principles on which the fintech is based. Last Sunday, the UAE Securities and Commodities Authority (SCA) officially agreed to regulate ICOs and recognize tokens as securities for the welfare of the nation.

An Initial Coin Offering or ICO is important in the development of new technologies. Here are the reasons why an honest ICO Rating is important in the Fintech industry.

The price of Ethereum dropped to a one year low of $228.8 on Sept 7, dropping below the $255.05 level of Sept 17 last year, satisfying expectations of all those experts who forecasted a vulnerable support which ICOs have placed on the second biggest crypto since early 2017.

The cryptocurrency markets have had a rough time in 2018, especially considering that they have nearly erased all their gains incurred during the massive bull run in late 2017.  In early 2018, the crypto market capitalization hit an all-time-high of approximately $830 billion before crashing to its lowest level of $203,9 billion on September 7th.

Here are our picks for this year’s best ICOs!
As you’ll see, it was not easy to choose. Let’s take a look at the crucial projects of one crucial year.