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Although mainstream adoption is likely light years away, there is no denying the fact that cryptocurrency has soared in popularity, reaching heights fintech analysts could only have imagined. The $200 billion market of the crypto industry is testament to heights digital assets have reached.
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The third edition of Crypto Games Conference took place in Minsk, Belarus last week, featuring two days packed with networking and collaboration. About 1000 attendees, 100 speakers, nearly 150 gaming brands and 50+ media companies from more than 30 countries participated in the biggest blockchain gaming event in the world!
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For the past decade, cryptocurrency has been rapidly rising into being an incredibly valuable asset, so much so that several cryptocurrency investors save up their cryptocurrencies for retirement or as a form of inheritance to their heirs.
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The cryptocurrency world has in recent years been ablaze with excitement and curiosity over blockchain projects viable enough to give every investor that impressive return on investment that they all desire. While this may be, on the top of such cryptocurrencies currently making huge waves is bitcoin.
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For over six years in the cryptocurrency world, when it came to fundraising strategies for businesses and individuals, the concept of initial coin offerings took the front seat. All a business or a team of individuals had to do was conceive an idea, set up a smart contract, state the terms of their token, publish their white paper and offer their tokens to the market.
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When it comes to the cryptocurrency world, it's been nothing but a goldmine to investors and the team behind related blockchain projects. In line with such wealth creation abilities, since 2013 we have known initial coin offerings to be the primary crowdfunding source for blockchain projects, over 1,500 ICOs have been generated and billions of dollars have been raised.
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Pioneered in May 2018 in Kyiv, Ukraine, the Crypto Games Conference is the​ first conference in the world dedicated to games and gaming services with use of blockchain and cryptocurrencies.
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Just when we thought we understood all there is to understand about cryptocurrency, in came smart contracts created by Nick Szabo, In the year 1996. The first publication of this concept was in 1996, however, it’s official launch and implementation in the crypto scene was in 2009.
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Over the years we have experienced the rise and fall of several ICOs and the year 2018 was one that witnessed more ICO failings than successes. Now one might wonder what factors trigger such massive ICO failed projects. In answer to the above, the pitfalls behind such failed projects are inadequacy of the product market, lack of reporting, auditing and measurement, and the lack of a detailed and realistic road map for the ICOs.
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As an investor in cryptocurrency, you must have considered the charming possibilities that ICO brings to you. If you take a walk down cryptocurrency history, you see a lot of things about ICOs, people that took a chance early and are now cashing out big, and if anything this kind of news are juicy and will have any crypto enthusiasts searching for an ongoing ICO to invest in. but just before you hurry down to do that, take a few minutes and get to know what it is like for you as an ICO investor.
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