Big risks in ICO market: flawed token valuations, unclear regulations, heightened hacker attention a

Ernst & Young press release --------- A lack of fundamental valuation and the due diligence process by potential investors is leading to extreme volatility of the initial coin offering (ICO) market, according to new research published by EY. The research also found that in some cases ICO investors are contributing capital at an average rate of over US$300,000 per second. The EY research, which studied 372 ICOs around the world, also found that the offerings raised US$3.7b in funds, twice the volume of VC investments in blockchain projects. Furthermore, the US is leading the race with the highest volume of ICOs originating from the country (over US$1b). Russia and China follow, with each over US$300m. To learn more click on the picture below to read the release.