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O-o-o-kay.  Did you write that article and want to point people to it, or was there something else you wanted to say about it?  It's not a very in-depth piece of writing; it's basically calling ICOs scams without providing a real argument for why people should think that.

Not that I completely disagree with it, but I've got my reason for thinking so and if I just wrote "ICOs suck; they're killing the crypto industry" it wouldn't be worth much as a published blog article.  Know what I mean?  Want to spark some sort of discussion about this?

I wonder if we'll ever know how many individual investors lost money on the ICOs. I would think the number has to be in the hundreds of thousands, if not a few million.

Investors in the last year lost not even millions, but tens of millions of dollars, investing in ICO projects. However, this does not mean that this activity is generally detrimental to cryptocurrency. Since there are a lot of fraudulent projects in it, which is a crime, states should have started regulating this type of activity a long time ago in order to protect the rights of investors.

ICOs are a typical example of people spoiling a good thing through greed. When the craze started, it was hailed in the US and other western countries as the Little guys chance to get rich. It was celebrated as a way by which anybody having BTC or ETH could be a part of investing in startups. The ICOs like Tezos, Bancor broke records and raised millions of USD in BTC/ ETH.

At the chance of sounding regionalistic/ racist, I must say, this is when the netherworlds of Internet took notice. Russia, Eastern Europe, Thailand, Phillipines, India etc. all had a lot of tech savvy youngsters good at 'copying' stuff and making it look snazzy. So they copied the typical website template. Whitepaper, Crazy techno-babble about vaporware and buzzwords like decentralize, Permissionless, Blockchain, AI, Machine Learning, etc etc. The most important part was the Team and Advisors.. :o

10 people dressed in suits to appear as the CEO, CFO types and 10 people with curly long hair and beards to appear as the crazy programmer type (Tech Lead, CTO etc etc).  ;D ;D Man this shit would be hilarious as hell if it hadn't made people bleed so much money. Hell, its hilarious even now because all sort of greedy idiots fell for them.

During the 2017 bull run, the clogged transactions on BTC and ETH were a result of people trying to get the earliest tokens as soon as "Pre-Sale" started. These people then simply disappeared. It was all assisted by bounties by irresponsible managers here at Bitcointalk. Fake facebook and twitter accounts with 5000 followers for highest stakes, rows upon rows of excel sheets. People putting others articles in their own name for stakes. It was crazy as hell for anyone who wanted to believe in the initial euphoria and promise. I was personally disappointed and disgusted by seeing the levels to which people would fall to scam others.

This is when the racist comments about "third-world pajeets" became the trend and frankly, I could never fault them for being that angry and disgusted. Now it looks like a bunch of those ICOs dumped their ETH and BTC onto exchanges to secure their ill-gotten gains as soon as possible.

I just hope enough people have learnt their lessons.

Would you have said the same thing about ICO's if the price was still $19 000 and climbing?

The ICOs were blooming in 2017, when the price was high and then large companies started to ban Crypto currency advertisements and this triggered a large drop in the price of Crypto currencies. Some people might say that the increase of scam ICOs has caused this, but others might say that institutional investors and fat cats in Wall Street might have been behind this decision. <If millions of average Joe's can also invest and fund small start-ups, then nobody would want sharks like them to control these businesses.>

The legitimate ICOs created a lot of employment for 1000s of people and it gave the opportunity for many small businesses to enter the market, without large investors taking a huge share of their business.  ;)

Actually yes, because the ICOs from the beginning have been scam coins. They're not created to work like the conventional digital currencies. They want to start at a high price while not having any fundamentals. While Bitcoin and the other coins have to work hard over time (years) to create good fundamentals, like adoption and usage, as well as being traded.

They tend to exist because we are willing to invest on them because majority has the mindset that we can be millionaires in short amount of time. That's why ICO's keeps popping every minute and thrive and like a parasite evolving itself because people didn't learn their lessons and keeps coming back for more. Lol. If there's no investors on ICO then they will simply die, but it won't because people remains gullible and greedy and believed on those promises by this project.

I do not think ICOs are cancer of the Digital Currency Industry if it is regulated.  Though I can say at this point scam ICO maybe one of the factor why cryptocurrency are being frowned upon by many people but I think legit ICO brings people to Industry.  Without these startup that perform ICO in their fund collection there will be less and less adoption.  The reason is that they need to advertise their project in order to get investors, then they define digital currency, educating people what it is about.  With this ICO reach people faster and point them to the industry.

The drop in price wasn't that closely related to the banning of advertisements. The BTC correction was mostly attributed to the Futures trading I think. By then ICOs had already shown themselves to be non-reliable with multiple exit scams. The ICO craze also brought about the "securities" question in the spotlight and led to the SEC entering the game.

Then again, the bust of BTC prices has way more things behind them from Tether issuance being used to prop up the price to Multi-million dollar hacks of exchanges. I don't think the ICOs played much of a role in that. What they did ensure was the slow bleed from the 7-8K mark. A majority of these ICOs were in ETH. It has been going down since the ICOs started cashing out.

Sure there are legitimate ICOs but the whole ecosystem had no time to build up self-regulation. The scammers were quick to take advantage of that. Even today, like you say, if the price booms, we will probably have another shit-ton of ICOs and shitty managers will climb onto the bandwagon of managing bounties, albeit with their "disclaimers" now.. ;)

there are many factors that make the crypto price fall a few days ago, one of which is the hardfork BCH and force the BCH account to break into 2 camps and this takes up a lot of crypto resources until the price falls very deep, but other problems also need to be taken into account to contribute to the price collapse crypto like ETH, BAKKT and FUD news that continues to hit crypto

In a way, we can just assume that at some point, greed kicked in for so many, which includes both the team coming up with projects as well as investors looking to get rich over night. In the end, it all ended up in shambles. No real life product for a lot of them, pollution in the space, which is what I see them as, and now it seems everyone is trying to bail out with the little they can at least get back. Since it is an unregulated space, it is a normal thing to see stuffs like this happening. It is crazy, but one way or the other, most of us do have some roles and parts to play in it.

IMO ICOs and all other access to crypto will take the volatility out of crypto.
If you like volatility then yes it is cancer.

Ahhh, so what's your point here then? What exactly is the reason why ICOs are cancers of the digital currency industry? I agree to a certain extent that useless ICOs have no place in the cryptocurrency ecosystem, but we have seen several great projects from ICOs as well as some promising technology too, so that deserves credit somehow. I myself have never bought into loads of ICOs as I know some of them are just money-grab projects made by developers, though right now most countries are getting stricter day-by-day on ICOs popping here and there, so that would somehow solve the issue.

The regulation of the ICOs was way too little way too late. Too many small investors were burned. If anything the governments need to start going after the ICO creators and the venture capital firms which supported them.

The only problem of the ICO is nowadays there's more than scam than the one that can trust. Sometimes because of that many people encounter a not good ICO, many people complaining and cause it to lessen the people who believe to it. Even there are still some ICO has potential they become affected to those scam ICO. ICOs is one of the way to increase your coin so just choose the best one and analyze before participate.

Just as I thought I'll be reading a long ass article but really?!?!? You created a 2 paragraphed article and failed to even convince us why ICOs are the reason of the downfall of the market. May I remind you that the cryptocurrency market is built on ICOs that if there were none we won't really have a cryptocurrency market to begin with. Don't you generalize all ICOs into scamcoins making it a reason for its downfall because it is not even half of the story as there are other reasons why we are in a bear market right now and scamcoins is not one of it.

ICO team are really killing the space, why greed can do to people, some of these developers because of their greediness decided to hold on to their ICO money in Crypto form, instead of convert some to fiat to help their operations for the first-two years  but foolishly think the price will continue to grow and when the bear hit them the started the panic sell and crash the price of Ethers which resulted in crash of most Altcoins. This is another thing this developers need to be investigated for.

There won't even be called a market if only Bitcoin is the only available in the industry. It is called the digital currency market for a reason and that is because there are a wide variety of cryptocurrencies to choose from not only Bitcoin. I don't think 2016 was the first time an ICO was introduces to the market how do you think Litecoin was introduce to the market back in 2011 or Ripple in 2013, it may not be called ICO back then but it is similar on how they introduced it to the market and how they made it available to us.

There is nothing sinister about what it is happening, people just want to find some kind of conspiracy against bitcoin when the most simple of the theories is enough to explain what it is happening, the price went down because no one is buying it, people thought that a recovery at the end of the year was inevitable only to discover they were wrong and they began selling their coins.

I disagree that ICOs are the challenge behind the growth of digital currency, there are several scam ICO  coming up daily due to lack of regulation in the industry that gives opportunity for several individual to come up with scam ICOs out to dupe investors, which cannot be trace. With policy formulation, we can be sure to reduce the cancer caused by digital currency industry.

Yes people lose millions because of the scam ICOs and those that are not managed correctly. But do not generalize the industry, many potential blockchain based financial instruments are now getting into the scene because it is offered by these ICOs. Many new generation blockchains that have better scalability are here because of these ICOs. This scheme made it possible for small startups to present unlimited ideas and get funded for their goal which is to change the financial industry.

ICOs are not trash, ICOs creates a way for BIG IDEAS to enter the crypto scene, they strengthen the foundation of the future for Blockchain and the cryptocurrencies.

I like ICOs with how easy it is for someone to raise capital without having governments with their regulations function as an obstacle. I think that's quite a significant form of innovation not yet seen in the world.

Of course, it also allows scammers and other ill minded individuals to exploit the freedom they enjoy here, but it's always your own responsibility to research what you invest in.

Every ICO is basically an idea, which means that your investment can be seen as a gamble. It either succeeds and you win, or it fails and you lose. Also, when things look too good to be true, they mostly are.

Research and common sense is what matters here.

I was going to read the article, but after reading the first reply I changed my mind.
Why don't you post it here since it is you who wrote the article or you just want to attract more visitors!

Icos have a good and a bad side. They made sure that the crypto market was growing and many new people became aware of crypto. On the other hand, the whole scam ico has also damaged the crypto market and people have lost their money. I think icos would be good for the crypto market if there was a solution for the scam ico. Then the positive effects would dominate.

Agree with this. most of ICOs are trash.
they are making cryptocurrency's face worst than ever.
people lost all their faith in scams.

No, I believe that it was a good idea, and ISO itself is of great benefit to the world, as simple developers, having only an idea, can raise money and make it a reality,but the problem is that because of the manipulation,and the fact that there are teams where people do not cheat on the conscience, the tokens are lowered in price,

This year we have seen lots of ICO which have similar project idea or useless utility of created token. I have seem rare of the ha a solution of a nowadays problem which can be successful in long term.

Why should blame ICO? without ICO, crypto might not develop and not many will know, while the bitcoin cash itself is also present because of an ico. I think ICO is a place to attract people to get coins and be useful. Even if the scam is a human who has damaged it.

I think the idea was great but human savvy is endless. That's why first ICOs were smart and most of it live now. But so many scam and empty ICOs today kill the idea of cryptocurrency. I think this ICO boom play so negative role that it hard to think better how to kill crypto

I think the venture capital firms are the root of the problem.

I partially agree partially not.

But icos raising stupid amount of money are cancer i think. For example EOS and the 4 billions dollar they got!

Not using money raised during ico is the cancer killing crypto, it discourage new investor because of scamming behaviour, all these fraudsters ceo should be put behind bars to serve as lesson to others who are spoiling the good reputation of crypto.

I agree that Bitcoin Cash is not the only one to blame for the downturn in the market, maybe it just had a bigger influence on the last fall, but the truth is that the market has been weak and down since the beginning of the year.

The forks that were created were part of the factors and there are definitely others.
Some people who have been looking forth to a dump in price,in order to buy more coins cheaply, are also contributing to the fall, which is why they find joy in spreading FUD.

I cannot say so, there are a lot of projects which on the contrary can save crypto industry. But the bad thing about all this is the fact that the market is full of scams, and this does not give opportunity for good ideas to develop. I would suggest to all people who are going to invest in icos, that they should visit www.icoguide.com, as this is the only platform without paid rates.

The Rise of the ICO, and What It Could Mean for Venture Capital
https://www.visualcapitalist.com/ico-crypto-venture-capital/ (https://www.visualcapitalist.com/ico-crypto-venture-capital/)

in 2017 I participated in ICO bounties so much but not so if I say 80% is scam maybe if projects that have airdrops can be so because most do not have a clear team or structured training

in terms of decreasing altcoin so far it is indeed not an error that occurs through bitcoin cash but there are many investors who sell their assets in preparation for the end of the year, but now the market will be a little difficult to recover.

I don’t really know but this is not really making any sense to me cause you didn’t give enough reason as to why anyone would consider ICO to be scam. ICO is good and is a way for companies to start up a new project and get funds to raise it. So you don’t just call them scam or whatever you’re really getting at just because think so and without no reason. BCH fork is the reason for the crash recently, and I do know the whales are playing their part too in taking down the market price to buy at cheap rate. If you want take it or leave.

I’m not really getting this, are you trying to label all ICO as scam? Quite funny. I do know that a lot of the ICO today are scam but they are easy to identify and so you can avoid them. If you fall for any scam ICO here that would be because you didn’t take your time to do the research before investing. And ICO is not the reason why the market price of crypto is down, you can go check out why, it’s on the media already and has nothing to do with ICOs.

How much do people earn with the bounties?

I don’t think it’s fair to say that ICOs are the cancer of digital currency. The truth is that without these ICOs and new altcoins like the AutoCoin, the digital currency would be useless. ICOs are crucial because they give investors that chance to explore new currencies and invest in ones, they find promising. Just because a couple of ICOs are fake doesn’t necessarily mean that they’re all useless. You can’t judge all by the characteristics of one.

I think the venture capital firms are the root of the problem.

ICO Funding has overtaken Angel & Seed Venture Capital
https://medium.com/cashlink-crypto/ico-funding-has-overtaken-angel-seed-venture-capital-c44affbb6dd3 (https://medium.com/cashlink-crypto/ico-funding-has-overtaken-angel-seed-venture-capital-c44affbb6dd3)

Because there are no rules about ICO, everyone is free to make coins or tokens and then sell with ICO, unfortunately many scam projects make investors afraid of crypto, they think that crypto is a place of scam.

I'm surprised that many people voted no when in my opinion the ICO contributed to the bad reputation of Cryptocurrency, still many believe that ICO are ok and there is still a lot of good ICO but it's so hard to find them now, with so many fraud ICO looking around.

ICOs are a good way to raise funds for the project. they run ICOs because they need money. and  now scammers exploit it as a result the ICOs are becoming bad in the minds of people.

People already hate venture capitalists, now they will hate them even more because of their support for the ICOs.

It looks like more people have voted in the poll.

I don't think ico is a cancer for crypto, even I think the idea of ico is good for crypto because people can help serious developer to get the financial. The solution is to eliminate scammer and that is why we might need regulation of ico and don't forget to educate our-self as real investor not just a hype investor. My experience I have start to learn business since I tried to follow an ICO.

from the statement I caught, he here argued that the ICO was the cause of the collapse of the marketcap prices, in my opinion this opinion also made sense, given the ICO scam reportedly after their funding was fulfilled, they closed contacts with investors and then transferred the funds directly wallet market and directly sold in the instant market.

The investors are the main reason who let the ICOs to take the place in crypto currencies and later it become one of the reason why crypto maket is low.Most of the ICOs are just created for money making intention so people get bad impression about cryptos overall when they get scammed but they are invested in the wrong coin so we don't hae to blame the scammers just blame ourselves for allowing us to get scammed.

Ok, may be ICOs are guilty that market is dropping now but in 2017 market was growing because of ICOs including, may be we would never see bitcoin by 20k and ETH by 1.5k without ICO bubble and may be without ICOs bitcoin would cost as much as now or even less, so I think it is incorrect to say, that prices are too low because of ICOs.

I don't think that this argument is right though ICOs are part of the problem. In some years back before ICOs concept, the market has experienced this and it does not ends there. I think it is a way of market correcting itself and setting a space for new innovations in the industry thereby creating new set of millionaires.

Major whales communicate with each other, so they know general market tendencies 6-12 months in advance. There's nothing "sinister" in this situation, just a manipulation of a great scale. It'll be fearful if the market breaks at the bottom, but I think this won't be!

The bearish market this 2018 and the continued downward trend can't be associated fully on ICOs. Remember that some strong cryptocurrency coins right now came from ICOs. The down market this year might be due to some corrections and price manipulations.

There are still ICO's / projects that needed in the market although there are some ICO's that turned into scam especially if the team just want to get easy money . Some ICO's encounter problems like not able to reached the target so they will postponed .

In general, ICO is a very useful and necessary activity, it is a real way to improve cryptocurrency, in which our entire society takes part. However, large sums of money that are collected during an ICO attract many scammers. This is practically the only problem with ICO. We need government regulation of ICO activities and then all the main problems with ICO will be resolved.

Considering during the peak of ICO times the prices have been soaring and during the low times of crypto currency there are no ICO that makes any money, I think it could be the opposite. I do not really think the coins that came out intend on having this much bear market right after they published their coins.

So if you take a look back you can see that there has been a lot of ICO funds that has shrinked a lot during the past year making it harder for them to achieve what they promised whereas they have been paid so they had to work for it with a smaller budget compared to what they have been funded.

Hence all this "scam coins" you talk of has been a bit of bad luck involved in it as well. Of course there are scam coins as well but not all of them are like that.

ICOs are offering an amazing opportunity to get access to very perspective tokens even before they will be live on exchanges. But unfortunately the market is overwhelmed with fraud projects that are trying to scam investors.

I blame the venture capital firms for all the fraud. They don't care about the individual investors, they just want to steal as much money as they can. Tim Draper and people like him are parasites who should be imprisoned.

I believe that there are good startups that came to the market with good intentions

of course, I think there are organizations or groups that are tasked with suppressing crypto prices at certain times, since January the price of other bitcoin and crypto has always dropped from month to month, but I'm sure there will be a large bullrun.

scamcoins surely affect greatly the crypto community. there is no good effect of a bad scheme, there will never be. Crypto community should be aware that there is no easy money, everything should be in a legal and legit process. Do not believe in a good to be true schemes.

Yes. I believe that scam ICO's are the reason why we are experiencing the bear market. I mean it should not be this worst if not for those scam ICO's. What's happening is that they are ruining the reputation of cryptto currency. Not all of the investors understand that ICO is an independent company that offers services. They were thinking that ICO is the crypto currency  itself. It results to people bad mouthing crypto because of their experience on ICO's. Scams are cancer!

icos have also brought something good. through them many people have found their way to crypto and the reputation of crypto has greatly increased. that would not have happened without the last ico hype.

While there is no doubt that icos are responsible for the mistrust that the general population has in cryptocurrencies, things will not be so bad if people learned their lesson and stopped investing in those projects, you just need to take a look at the scam accusation section of this forum and you will see many users exposing icos every day that are fake.

I do not really believe that creation too many altcoins is destroying the entire cryptocurrency market. On the other hand, they really opens up opportunity to introduce new technology in the market that will be used by many.

Well if an ICO was a scam I'm sure they'd probably cash out. So it's like investors who like crypto give to people who don't care about crypto so it drains the market.

       You've been talking in general which is not fair to the legit ICO which indeed helping cryptocurrencies to survive this bearish market so I strongly disagree on your thought , let's be specific to avoid misleading the other member .
       anyway whatever thought is always been an arguments to others .

I think they've been cashing out all along.

not all. there are some good ICOs too. but i think all the ICOs must be regulated. then its healthy thing for crypto community and blockchain technology. hope that will happen in 2019

I'd like to see the venture capitalists give all their ICO gains to homeless charities and food banks around the US.

Personally, I think that just due to ICO, many projects have developed to the level that we can observe now. Of course, the system is not perfect and needs to be improved, but its merits cannot be minimized.

ICOs have disappointed everybody in 2018 for several reasons. First of all almost no ICO can even collect its soft cap. Secondly, the market is full of scam projects that are trying to trick the investors. Hope things will change.

no, precisely if there is an ico with a better concept it can lift the altcoin that is their platform. I know that you suspect that participants who get a reward and do a dump are very influential on the altcoin market right? that's not entirely true. ico can greatly help the future of the coin that is their platform.

Yeah you are right mate some ICO's are scam but not all of them there are still legit ICO's out there that may give investors more gains. It is like we mostly hear projects launching ICO's but rarely see successful and legit ones in this industry. But then, it is akways a matter of choice. Though I am not an investor but still can be a victim of these scammy ICO's since I am a bounty hunter but as I said doing our own due diligence will make sense and we should always know the risk and consequences we are getting into.

One of the causes of ETH losing so much value to be accounted to the 2017 ICOs, over 170k ETH were dumped by ICO anchors on ETH market because most of the project that conducts ICO uses ETH platform. The cancer of digital currency is however not only ICOs but also the governments trying hard to FUD the whole system.

I agree with your points about ETH. But what needs to be reported on far more is how the venture capital firms backed the ICOs and ultimately the prices crashing is their fault.

Of course you have a strange perception. Think about it, ICO is made to receive the new projects. Isn't that awesome? This is a new competition in the field.

ICO's are necessary part of the evolution in the crypto space and to decentralize the funding instead of VC's.
Instead of VC's earning all the money if the project booms, the ICO's allowed for INDIVIVUALS GLOBALLY to be able to participate and contribute thus decentralizing the funding and wealth generation if the projects booms.
If individuals are only contributing what they can afford to lose, that should not worry much those who participated in good ICO's.
But sadly, the ICO's also became a gambling arena, where people are betting their hard earned money without really performing proper DYOR.

No need to look for bad moments in ICO. They are clearly visible. You need to look for good qualities in ICO. There are still good ICO projects in the market that are needed in the market. Some problems exist with ICOs, such as inability to achieve goals and which are constantly being postponed. Despite this, there are tokens that make a profit. For example, a month ago I bought a completely new Darico Ecosystem Coin coin, which grew 3 times during this period. And it has a chance to grow even higher.

The whole problem of the ICO is that so far this activity is not regulated by the states in order to reduce or completely eliminate the problem of fraud and protect the rights of investors. States have so far removed themselves from this problem, although fraud with stealing huge sums of money is a crime in all states. If the activities of the ICO will be regulated by the states, then there should no longer be any particular problems. We just need to survive the time of this wild, unregulated ICO and everything will be fine. After all, the very idea of ​​ICO is good, this is how the cryptocurrency is being improved.

You wrote about hating ICOs but why? Are there any reasons? Many ICOs became really good projects which are now in the top of coinmarketcap. I think that you should tell the reason of your hate.

I think ICO is not the main factor that can destroy the crypto market, so you can't give a statement like this. Even if it's true, the fact is that the ICO has also had a positive impact on the crypto community. For example, there are many people who have been helped in improving their financial condition thanks to the ICO through a bounty campaign, and many more. So never judge something from one point of view.

ICO's aren't all scams but a large percentage of them were from early 2017 up until recently but that was mainly due to the cryptocurrency boom and many investors weren't very savvy as to what constituted a decent investment and instead were buying into quick flips to gain profits and some ended up making losses in the end giving crowdsales a bad reputation

Millions of investors must have lost funds to scam projects in this 2018 alone which is bad but I would wait and see what STO has to offer in the year 2019 and if anything would happened to ICO anyway but I personally think ICO should be regulated to reduce all this scam issues at least

ICO projects are just one of many instruments that have recently appeared on the cryptocurrency market. There will be a lot more of them and we should not fight with it. To use them skillfully we should learn how to do it and not destroy it. The fact that many of the projects have fallen in 2018 is mainly bear market consequency. Let's hope that this is the end of price drops and ICOs will allow us to earn as it was in the second half of 2017.

There is a fact that most ICo are bad projects and do not bring anything to investors, but there are also many good ICOs. Many ICOs bring capital to small companies and profits for investors. So I don't think the whole ICO is a scam

The words are so harsh, do ever think about the benefits that these ICO's can bring to the community? Well I guess you can say that because allot of ICO's are scam projects, but still, it is the way to open up the world to new technologies.

That's right guys ... I think the assumption of the whole ICO scam is just the opinion of someone who is hurt because they are disappointed to invest their money in a wrong ico project without careful consideration.

but perhaps the very drastic price reduction will end soon because the crypto market situation has improved and has experienced a significant price increase in the past few days and maybe this is the beginning of the market recovery that we have been waiting for, and maybe we can be a little relieved current market.

You wrote something wrong. ICO is something that on the contrary attracts investors to this industry and makes money stay in this area, if not for them, people would cash them because they have nowhere to spend.

ICO's aren't all scams but a large percentage of them were from early 2017 up until recently but that was mainly due to the cryptocurrency boom and many investors weren't very savvy as to what constituted a decent investment and instead were buying into quick flips to gain profits and some ended up making losses in the end giving crowdsales a bad reputation

The first wave of ICO is completed, someone managed to earn a lot of money on it, someone was unlucky, but soon begin the new wave of startups - STO, it will start in the new phase of market growth. This is the natural phase of the development of the cryptocurrency market and it will replenish the capitalization of cryptocurrency and return investor confidence to startups.