The ICO craze brought significant attention to blockchain projects, highlighting the potential for raising substantial funds and driving innovation in the space.

The ICO market is currently a global phenomenon, with significant fundraising occurring in both Europe and the United States, reflecting the rapid growth of the cryptocurrency ecosystem.

Initial Coin Offerings (ICOs) represent a new trend in early-stage fundraising, allowing companies to raise money online without traditional meetings with investors.

The demand for ICOs indicates a strong interest in investing in startups, but it also reflects a tendency for investors to believe in ideas that may not be sound.

Investors are increasingly able to invest in both equity and tokens simultaneously, with evolving structures in the ICO market reflecting this trend.

The rise of digital currencies and improved hardware infrastructure are key factors that differentiate today's decentralized projects from those in the past.

More money has been raised in ICOs than has been delivered in venture capital to companies in 2018 thus far, which raises concerns about the ICO industry. The ICO industry has developed norms and standards over the last four years, but the rapid growth in this space is concerning rather than positive.

An ICO, or Initial Coin Offering, is a fundraising method where a company issues tokens to raise money for the development of a new network and to ensure early distribution of those tokens.

The current state of digital currencies and decentralized systems is vastly different from the past, with improved tools and infrastructure enabling new applications and use cases.