ICOs Raise Over $1 Billion In A Month For The First Time

While bitcoin and resurgent altcoins were claiming the headlines in December, ICOs were quietly claiming the money. From a media perspective, the summer of 2017 was when ICO mania hit its peak. That’s when several of the largest token sales concluded, raising hundreds of millions of dollars apiece. But from a financial perspective, December will go down as the most lucrative month to date, with over US $1 billion raised from Initial Coin Offerings for the first time.

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