Steve Bannon, co-founder of Breitbart News and former chief strategist of the US President Donald Trump, told CNBC about his plans to launch his own ICO with special tokens.

In an interview, Bannon also mentioned that he owns some bitcoins. He also said that they were working on tokens that could be used by populists around the world.

In addition, he believes that 90% of all ICO turned out to be “complete failures”, the main reason for which is too much supply in the market, far exceeding demand.

In the past, Bannon was known as an ardent supporter of cryptocurrencies, in particular Bitcoin. He believed that cryptocurrencies could become a serious means of resistance to the so-called “European establishment.

Most likely, Bannon will issue its own tokens with the help of various experienced investors and hedge funds.