

“Token Mania” Report by Autonomous Research

Autonomous Research has released “Token Mania,” an in-depth report on Initial Coin Offerings: What they are, how they work, and the ways in which this new funding mechanism based on distributed-ledger technology stands to displace traditional markets for public and private investment.



Why It Matters



The report states that over $1.2 billion in Cryptocurrency was raised through ICOs in the first half of 2017; and of that, approximately $600 million was raised in last 30 days alone. Whether or not the volume of money raised through token launches on the Ethereum blockchain in the recent past is “good” for the ecosystem as a whole, it has absolutely caused a much wider audience of financial firms, technology firms, and entrepreneurs to pay attention to the space. This kind of deep reporting on the “ICO” phenomenon is indicative of that. This kind of institutional research and capital market valuation is also a good sign for the future maturation of the market place. With more interest and money will come more scrutiny and responsibility, and hopefully greater forethought and diligence.