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What the Hell Is an Initial Coin Offering?

The ICO boom looks a lot like a bubble, but at its heart is a genuine innovation.
by Mike Orcutt

Initial coin offerings are all the rage. Dozens of companies have raised nearly $1.5 billion via the novel fundraising mechanism just this year. Celebrities from Floyd Mayweather to Paris Hilton have jumped on the hype train.

Read more on technologyreview.com.

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