The Beginner’s Guide to Life Cycle Of an Initial Coin Offering (ICO)

Whenever anyone talks about ICO financing, every crypto enthusiast recalls when Ethereum was launched in 2014 as an ICO project. Ethereum has seen great success since its launch and has been able to compete with crypto giant Bitcoin. Although Ethereum was not the first ICO project, since its launch, there has been an upsurge in ICOs. A Fundera report shows that since 2014, ICOs have raised a cumulative total of $22.5 billion for new projects. The same report shows that…

Cryptocurrency Fundraising Declined Sharply While DeFi Lending Attracts VC Backing

In recent times, venture capital research company Ana.vc published a report highlighting a 57 percent reduction in cryptocurrency funding from VCs last month. In spite of the dip in overall investment, it seems the decentralized lending sector is still prosperous as it raised 150 percent of its aggregate in March. The report noted a decline in cryptocurrency fundraising last month but did not consider Bakkt’s raise. It noted thirty disclosed deals worth an aggregate of about $50 million, down from $117 million last…