If you have heard of the term “ICO” but don’t know what it means, it has roots to the crypto industry and is basically the equivalent to an Initial Public Offering (IPO). An Initial Coin Offering (ICO) acts as a way to raise funds, where a company looking to raise money aims to create a new app, coin or service. Today, we are listing our latest ICO cryptocurrency predictions for the year ahead of us.
More Security Tokens Being Issued
One of the latest ICO cryptocurrency predictions revolves around the fact that more security tokens will be issued. The truth is, 2020 could very well see the replacement of traditional ICOs with security tokens. Now, most of the companies in the United States are expected to start their business with the new Security Regulations (2020) issued by the SEC.
Many of the experts in the latest cryptocurrencies news say that ICOs are bound to take a huge price boost in 2020. What started as a first public token sale by Master Coin in 2013 is now an industry which delivers millions of dollars to companies. Below, we are addressing the numbers.
More Than $7.5 Billion Was Raised Through ICOs In 2018
The latest ICO cryptocurrency stats show that more than $7.5 billion was raised through this concept in 2018, which means that the year 2020 will be the most promising year for the concept of ICOs. Again, it is a year which can make huge impacts on the entire industry.
What’s important to note is that ICOs are highly monitored and regulated in many countries because of the high number of ICO scams. As such, every country has its own jurisdiction and financial regulations.
How Will ICO Cryptocurrency Projects Be Regulated In 2020?
ICO regulation is a hot topic in 2020, especially with the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) continuously discussing the regulatory framework for ICOs.
Despite all of this, regulations are still in the early stages and the latest ICO cryptocurrency data shows there is no uniformity across the different countries. Another important thing to note is that 82.46% of the ICOs use Ethereum as a public and open-source protocol and a robust platform that promises many bright things ahead of us.
So, the blockchain news ahead may bring a lot of updates in the ICO sphere – stay tuned!
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“The users are in control of the digital assets, which is something that hasn’t happened before. I think that over time players will gravitate toward games where they are more in control.”As per the other Decentraland news, HTC announcing that the altcoin MANA will be their strategic partner, MANA spiked almost two times against the US dollar. For those of you who are asking themselves why these unique crypto assets are part of HTC and Samsung’s plans, the truth is that both smartphone manufacturers believe that their potential exceeds the realm of payments and goes above and beyond the popularized cryptocurrencies in the likes of Ripple, EOS, Litecoin, Stellar and TRON.
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“There are tons of projects that use the liquidity from individual DEX networks, but the liquidity isn’t connected. Our goal is to provide the best price for any token trading pair on the market...it’s pretty much guaranteed with 0x API because we’re just pulling from networks that have the best prices.”For example, while 0x is quite liquid when it comes to popular trading pairs such as DAI and ETH or USDC to DAI, he says that there’s a lack of liquidity on other coins such as Augur that could be more liquid on another network. 0x wants to solve this problem by creating an order that will be split between all DEX networks and returning back the best price there is. With only a few code lines, the 0x developers can now connect to the API and get a quote in the back end so they will be able to execute the transaction at the best prices. Taylor continued:
“We want to be the most liquid decentralized exchange, but we also want to provide developers the best price. If that’s not on 0x native liquidity, we’re happy to give them on Kyber, for example, because that’s a better developer experience. ‘’0x API does not have a bridge with dYdX which is a margin lending exchange that started sourcing liquidity from 0x in 2019. The platform has a closed pool as Matt explained so while the maker that uses 0x API could potentially make an order on the margin trade on dydx, there is not a single possibility on the taker side to fill dydx trades via 0x API.
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