The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.
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Read more about it here
Means alot of people are accepting the cryptocurrency platform as a means of raising fund for project and alot are dumping the regular IPO platform