Token Sale Fails | Why Some ICOs Don’t Have a Chance

Last year was quite a run for cryptocurrencies. Led by a crazy run by Bitcoin but also boosted by ICO funding craze. The media kept the eye-popping amounts some of these companies were raising via token sales in the headlines which created a feeding frenzy that hasn’t really slowed down yet. To many, it certainly must have seemed like a quick, easy way to raise funding. The reality is that it’s difficult and very expensive to run a successful ICO, and with each passing month, it gets even tougher. Fortune…

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