The death of the ICO ( and 4 other predictions)
https://www.coindesk.com/death-ico-4-2018-predictions/
If 2017 was the year of the ICO, 2018 will be the year of the great ICO hangover.
It will also be the year major financial institutions adopt digital assets, and mark the birth of hybrid blockchains.
- The death of the ICO token
"Cryptocurrency" became a major buzzword in 2017. Suddenly, all eyes were on these new assets with speculators jumping into the market in droves and regulators heavily scrutinizing them.
In fact, in early December, the combined market capitalization of all digital currencies surpassed that of JPMorgan, the biggest U.S. bank. Initial coin offerings (ICOs) similarly exploded, raising hundreds of millions of dollars around the world in a matter of months.
While they made for exciting headlines, though, I expect the exuberance around ICOs to fizzle in 2018.
To the contrary, I expect the ICO frenzy to accelerate. But weak projects will start to fall through as investors become wiser.