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To say initial coin offerings have “exploded” is, for once, to use the word justifiably. Buyers put $256 million into them in 2016, $5.5 billion in 2017, and more than $3 billion in the first two months of 2018 alone, according to CoinDesk.

Image: Robleh Ali, former crypto specialist for the Bank of England, on why initial coin offerings are dangerous and how to make them more useful. - https://www.technologyreview.com