Tag Archives: Crypto Space

Can Negative Perceptions Curtail the Potential of Cryptocurrencies?

  By David Drake   At the beginning of this year, cryptocurrencies received a huge bashing from world leaders during the World Economic Forum (WEF). Blockchain, on the other hand, was praised for its ability to revolutionize different sectors. Nearly two months after global leaders reflected on digital assets, it is emerging that Europe is ready to hit it off […]

Why Cryptocurrency Growth Could Slow Down in the Foreseeable Future

  By David Drake   As with any potentially revolutionary technology, cryptocurrencies have split opinions across board. This was reflected on the world stage during the annual World Economic Forum (WEF) conference held earlier this year in Davos, Switzerland. Critics have held that this asset class is over-valued and lacks the ability to replace fiat currency. During the WEF Conference, […]

1000 Dead Digital Coins: What Does this Really Mean for the Cryptocurrency Market?

  by David Drake     Initial coin offerings (ICOs) have gained popularity over the last two years. However, 2017 marked the beginning of fast paced growth for the cryptocurrency industry. In this year, bitcoin’s price increased from a low of $1000 to reach a high of $19,000 towards the end of the year. In addition, the industry has experienced an […]

Why Do ICO Projects Have a High Failure Rate?

  by David Drake     Over the last 18 months, initial coin offering (ICO), an unregulated method of raising funds, has gained popularity. This is because startups with innovative ideas opt to raise capital for their blockchain projects through ICOs. Backed by enterprising and innovative developers, startups are developing solutions to problems in different sectors. Examples of such projects include […]

Why is the Number of Dead Coins So High and What Needs to Be Done?

  by David Drake     The growth in the cryptocurrency industry has improved startups’ access to finance through initial coin offerings (ICOs). This model is a better alternative to capital or debt funding than banks, private equity firms and venture capital because it provides a win-win situation for the startups and their participants. According to the global ICO report, $13.7 […]

Why Commercial Viability is the Key to Improving the Success Rate of ICO Projects

  by David Drake   The invention of blockchain has created space for tech savvy individuals and companies to craft innovative solutions to problems that arise in various sectors. For instance, in the financial market, AnthemGold is using blockchain to transform the way people buy and sell precious metals, including gold. BlockVest, on the other hand, is using smart contracts […]

What is Really Causing Failure of Coins Developed through ICO Projects?

  By David Drake   The number of startups that seek to raise funds through initial coin offerings (ICOs) has quickly risen over the years. In the first five months of this year, 537 startups launched ICOs and managed to raise $13.7 billion to finance blockchain-based projects, according to the recently published global ICO report. This milestone is particularly significant as […]

What Factors Contribute to Failure of ICO Projects?

  By David Drake   Initial coin offering (ICO) is an effective way to raise capital for blockchain-based projects. This method of crowdfunding has experienced fast growth with ICO companies, crowdsourcing $13.7 billion over the last 5 months. This is more than double the amount raised through ICOs in 2017. ICOs are structured in such a way that companies popularize […]