The two sides of the initial coin offering debate

Raising funds through the sale of digital tokens (commonly known as initial coin offerings or ICOs) has garnered tremendous attention recently due in large part to the significant sums raised – nearly $3.3bn in 2017 alone, according to market tracking site Coinschedule.

One common perspective on the topic is that such rapid success must be the result of illegal activity that will soon be “stamped out” by regulators. The truth is a bit more complicated.

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