ICO investment has surged since the first one back in 2013. 2017 has been the year of the ICO, with more and more small tech companies deciding to raise funds using the ICO structure.
Cryptocurrency ICOs are now being produced in a conveyor belt fashion, as shown by our ICO calendar, there are many going on at any one time. They are also beginning to spread to countries all over the world, originally beginning in the US, now lots of countries are hosting ICOs.
One of the issues ICOs have had recently is trying to appeal to a wider audience, with the main reason being how difficult it is to get involved. The process can be long and complicated especially for your average Joe. You need to buy either bitcoin or ethereum and then send it to a wallet address to contribute. This is again why the US was first to jump on board because buying bitcoin in the US is relatively easy due to the number of exchanges available.
Below we take a look at the rise of the ICO and how it has evolved in its short life-span.