Initial Coin Offerings

The traditional financial system was swept by the concept of crowdfunding. The Internet of Things has come up with the alternative crowdfunding known as the Initial Coin Offerings. This all new funding method has aided several new startups to raise funds and expand their businesses. Businesses have raised over 5.1 billion USD in 2013, which had grown to 16 billion in 2014, and got further momentum in 2015 with over 34 billion raised in that fiscal.
The ICO, also known as the Initial Coin Offerin