The word ‘Tokensale’ is either extremely lucrative or extremely ludicrous depending on whom you are asking. The sheer pace at which it has caught the public eye is unprecedented amongst all financial terms in the history of the world. To put in perspective the magnitude of this, there are some statistics furnished by icodata.io which are massive to say the least.

In the year 2017, 889 blockchain startups opted for the tokensale and a combined $6,062,538,291 were exchanged for the tokens. In 2018, at the time of writing this article, 186 startups have already opted for tokensale and close to…

Pradeep Atmaram

Asked questions for a living, now answer questions for a living.

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