Why ICOs Will Continue to Target Chinese Investors

[Jimmy palumbo]

I think it's because the Chinese have a lot of money and the Chinese love gambling.
So ICO is a way of getting high returns, so that's why most ICO projects are for the Chinese.

[evanstinger]

China outlawed ICOs and, shortly afterwards, bitcoin exchanges on the mainland. Regulators demanded that companies return their capital to investors.

Yes, i heard a few of this ICO got grounded by the rules. 
May be, their government don't want its people's money gone overseas or they just try to protect their people from the hype.

[bellamente]

China has a lot of money, and the crypto currency is still relatively anonymous.

ICO is both a risk and a highly profitable investment, and the Asian market is gambling

[yesyoupump]

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[AlienSeeker]

I think china has a big market and they invest more when it comes to cryptocurrency. China is a bussines minded country and I think they innovate more there. The chinese mindset that they will have profits more if they invest many altcoins or ICO. They already trusted it and they want to invest to have a future money. They have always a smart move when it comes to investing.

[michietn94]

According to the latest data released by the CIA World Factbook in 2018, Chinese (Tiongkok) is the country with the largest population in the world (ranked number 1). Their economy is also very large so it is natural that many ICO projects will target Chinese as a target to raise funds because most of the Chinese population is fond of investment business.

[vinbitpon]

This is because the market of China is so large, plus the fact that Chinese people are well known when it comes to business and investments. Potential investors most are in China so no wonder why ICO targets are the Chinese markets.

[aladingorter12]

China has a great potential to develop crypto support to different currencies due to the fact that china want to support this whole movement