Amanpuri Exchange
3 min readMay 11, 2019

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Who are the biggest buyers of token sale?

In this year's token sale, there is a country that is said to be the world's largest buyer at this stage!

Where is it?
Japan? America?

It is a country that did not enter the top 10 last year.

The United Arab Emirates (UAE) has become the world's largest "buyer" for token sales of cryptocurrency to this point.

It became clear from the data announced by the coin schedule.

The UAE's token purchases are expanding rapidly.

It was not in the top 10 in 2018.

This year, more than 25% of the world's token funding was $ 201.50 million (¥ 23.4 billion) from the UAE.

The next largest number is $ 103.8 million (approximately 11.1 billion yen) in the Cayman Islands, and Singapore is $ 89.7 million (approximately 10 billion yen).

According to Bloomberg, the main token deals affecting the UAE's contribution are the development banking products for cryptocurrency users, GCBIB, and the real estate and cryptocurrency mining business investments Bolton Coin.

On the other hand, the US was sixth with $ 37.2 million (about 4.2 billion yen), one-fifth of the UAE.

With the recent survey of US funding ICOs (initial coin offerings) in the United States over the last several months, Alex Burlau, CEO of the coin schedule, told Bloomberg: .

"There are continuing moves away from the United States due to regulatory concerns"

In terms of token sale, Singapore tops with 12 and Britain 9 with US 7.

In the UAE, restrictions on cryptocurrency have been in place, and it was reported that ICO restrictions will be introduced in the first half of this year.

It is also reported that in January this year UAE and Saudi Arabia launched a new cryptocurrency to facilitate cross-border remittances.

It is that the world is more successful than Japan.
How do you think the difference is?

I think that there is a background in the UAE and Singapore looking for real projects and investing with an eye on the future.

Until 2017, many people such as Japanese were crazy about token purchase.
That's why now, has this heat cooled down?

Japan and China-US are becoming more regulated.
The fact that regulations are set up, good or bad, reduces the momentum.

And I think that at the time there were a lot of fraudulent projects that could not be real.

I think that both the seller and the buyer had a bad point.
Maybe you were speculatively buying something that is said to be "the value in the future will rise several tens of times" without carefully examining the project.

But that's not true investment.

However, I think that this flow will move to another place soon as the regulations are in place.
It may be the last time you can get on this trend!

Please check the project carefully and find out what you think is real!

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