Such a milestone has made way for significant opportunity as crypto’s Store of Value narrative expands its appeal to a new market, and cryptocurrency headlines are already sparking with famous personalities seeking to learn more about the technology.
John McAfee has announced a new privacy coin called GHOST. However, the coin won’t be distributed through an initial coin offering, nor through an initial exchange offering. Given the poor performance of past token sales, as highlighted by the grim IEO stats, novel token distribution mechanisms are on the rise. Alternatives, like Dynamic Coin Offerings, designed by blockchain software developer and consultancy DAO Maker, are making waves for their proposal of a token sale where buyers are given downside protection.