Airdrops, presales and gaming NFTs are among the innovative ways crypto projects are raising funds with tokens in the post-ICO era.
After the last bull run and the raft of lawsuits that came out of the initial coin offering mania of 2017 and 2018, it was generally believed that ICOs were dead in the water.
A combination of regulatory scrutiny, especially in the U.S., spectacular pump-and-dump schemes and an overall flakiness not witnessed since the back-of-the-beermat ideas of the Dot.com boom appeared to have sealed the fate of ICOs.
Which was a shame. Because, despite the scams and hype, tokens are an innovative way to raise money.