News – EY – Big risks in ICO market: flawed token valuations, unclear regulations, heightened hacker attention and congested networks – EY – United States

January 24, 2018

“Fear of Missing Out” (FOMO) drives token valuations without any connection to market fundamentals.

Investor demand for initial coin offering (ICO) projects remains high, but the ability to reach fundraising goals has been declining since mid-2017; down to 25% of projects in November from 90% in June.

Speed and size of market draw hackers’ attention with 10% of ICO funds lost or stolen.

Source: News – EY – Big risks in ICO market: flawed token valuations, unclear regulations, heightened hacker attention and congested networks – EY – United States, EY, January 22, 2018

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