By the end of 2017 and now in 2018 there has been a small legal void between the authorities who are trying to regulate the ICOs and the industry who are trying to make a great standardization. There have been many ICO predictions for 2018 too. All in all, the entire situation is navigated towards making ICO’s just another mechanism for regulated financing for companies.
This year is expected the market for Initial coin offering to reach a new high somewhere over the summer. Also, many investors and companies seem to be interested to work only with credible banks and other financial institutions who work with ICOs and who are also investing some of their own funds to ICOs.
Another important thing is the token sales. Token sales are also expected to be very important in terms of raising money for new startups. Despite the fact that China outlawed ICO’s, selling tokens is still more preferred than selling shares and because of many other advantages so it is highly unlikely to be shut down. I also believe that heavier regulations will occur this year. Doing a little research can help you find out which ICOs are legit and how to protect yourself from being scammed. You can start researching here.
This is why people believe ICO should become a part of a regulated body of some sort.
However, there is a good concept behind ICO but there are a lot of disadvantages that need to be taken care of. In the end, like everything on the crypto market, you can’t really make a bold prediction for the future.
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