LEGAL CHALLENGES OF INITIAL COIN OFFERINGS (ICO)

Initial Coin Offerings (ICO), a term intentionally mirroring Initial Public Offerings (IPO), seem to be the new hype of the virtual currency community leading to an all-time high of the bitcoin of over 9.000$ this year. There is indeed a frenzy developing around ICOs, which have reached a record high of $1.7 billion in 2017, and sparked an increasing interest from regulators on the American, European and Asian continents. Thus, ICOs have become a venture capital-raising tool for start-ups developing projects and applications on the blockchain, while trying to escape the constraints of regulation.  (Source: University of Oxford)
MORE: https://www.law.ox.ac.uk/business-law-blog/blog/2017/12/legal-challenges-initial-coin-offerings-ico