In 2017 the initial coin offering boom launched a tidal wave of activity for the crypto industry. Despite being plagued by scams and fraud, the ICO boom was also responsible for some of the most important crypto projects in the industry today.
In this article, we will venture through one of the most transformative periods of crypto history, known as the initial coin offering (ICO) boom.
ICOs swept onto the crypto scene in early 2017, allowing thousands of new blockchain-based projects to rapidly raise significant amounts of capital by selling pre-released tokens directly to investors. Projects issued their tokens in exchange for funding to launch new networks and decentralized applications (DApps).
