December 2018
Beginner to intermediate
564 pages
17h 34m
English
Content preview from Blockchain Developer's Guide
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Increasing volume of ICOs
Before the Ethereum network, most ICOs were for a new blockchain. With Ethereum, tokens could now launch using smart contracts instead of creating the entire blockchain infrastructure from scratch. For more on how this is done, see the chapters on Solidity and Smart Contracts (See Chapter 13, Solidity 101, and Chapter 14, Smart Contracts).
Currently, 2018 is on track to have over 1,000 new ICOs:
- The amount of money raised by ICOs as a whole keeps going up
- Extremely large raises are becoming rarer
- Existing companies are starting to ICO
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