Joint Report by Stellar and Luxembourg Fintech Platform Approach ICOs with Caution

Stellar, a nonprofit decentralized financial network,and the Luxembourg House of Financial Technology LHoFT, the countrys dedicated fintech platform, have published a joint report on Initial Coin Offerings ICOs.According to the report, organizations have raised over $1.8 billion through ICOs since January 2017. As this popular new fundraising method provides a simple and fast method to acquire serious funding, there has been tremendous momentum growing around ICO launches among new businesses

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