10 Jul '18, 3am

Crypto domains may be hot, but ICOs sure aren’t any more https://t.co/uIaFugXWN4

Crypto domains may be hot, but ICOs sure aren’t any more by Morgan on July 9, 2018 Lately crypto has been back in the headlines in the domain name world as the sale of Crypto.com for a reported $12M is generating a lot of buzz about crypto-related domain names. What I think is interesting about this particular sale is just how powerful this word has become. Think about it, of the over 1,500 different cryptocurrencies, 99% could die and this domain would still be relevant. In short – it’s a monster. What isn’t quite as big of a deal is ICOs, which stands for initial coin offering, and I recently read a pretty shocking statistic. Over 50% of ICOs actually go bust within four months of their token sale taking place. About 56 percent of crypto startups that raise money through token sales die within four months of their initial coin offerings. (Source – Bloomberg ) Yikes! That...

Full article: https://morganlinton.com/crypto-domains-may-be-hot-but-ic...

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