When it Comes to ICOs – it Pays to Follow the Smart Money

ICOs are maturing as an asset class. Last year the market was booming, with token sales raising about $3.9 billion, up from less than $300m in 2014-2016. This year has seen negative news flow with core cryptocurrencies’ prices falling and setbacks from bodies such as the SEC, Facebook and Google. But despite these headlines, ICOs have gathered even more steam, raising nearly $6 billion in the first quarter of 2018 alone.

While ICOs’ growth doesn’t yet show signs of slowing there is a...

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