Since the 2017 initial coin offering (ICO) boom, the cryptocurrency industry has matured greatly, as the industry welcomes new creative ways to fundraise for projects. Despite billions of dollars being raised through ICOs, the fundraising approach was criticized heavily, generating a lot of ill will due to the inordinate number of scams and failed projects.

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Source and More information: Going Beyond an IDO: What it Takes to Launch and Sustain a Successful IDO