ICOs and the money markets

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It’s worth putting the recent fad for initial coin offerings (ICOs) — the funny money ICOmedy — in the context of wider monetary and funding phenomena.

In the ICO market every man and his dog is currently capable of raising millions of cryptocurrency for nothing more than the promise of some hypothetical future code. If that.

Read More At: https://ftalphaville.ft.com/2017/07/18/2191577/icos-and-the-money-markets/?desktop=true&ft_site=falcon

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ICOs and the money markets | Ecency