Back in 2017 when the initial coin offering (ICO)

Back in 2017 when the initial coin offering (ICO) space had been experiencing astronomic increase both in terms of the number of projects and the amount of capital attracted, a common narrative was that a novel fund-raising mechanism might eventually replace the traditional venture capital (VC) model.

It didn’t pan out.

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Techcrunch.Com
So crypto didn’t kill venture capital after all – TechCrunch
Last year, $7 billion followed into ICOs. Combined with 2018, the cryptocurrency-based funding mechanism is estimated to account for $20 billion. ICOs threatened to disrupt venture capital more wid...