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86% of Initial Coin Offer (ICO) tokens have dropped relative to the listing price. He reports Crypto Coin News in reference to a report from the consulting firm EY.
In addition, 10 OICs accounted for 99% of the increase, according to the report. & # 39;
An initial ICO offer can be likened to a digital rights issue. This means that when launching a new encryption box, the public offers a number of units, or tokens, as they are also called, in exchange for an existing cryptocurrency that already has a value.
According to EY, even the most successful country offices had no influence on the cryptovalutan ethereum, which is the second most important currency in the cryptographic area after bitcoin.
The consulting firm believes it is not surprising that most projects fail in the cryptosphere. On the other hand, there is a problem that so few projects lead to products.
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