China could be one of the first countries to release its digital currency. There is more to this than meets the eye, and could be a major strategic shift in both capital flows and local usage of non-sovereign cryptocurrencies, alongside China’s national currency.
In this piece, the guys at ZeroCap look at what ICOs are and their history; how many of the cryptocurrencies you may already know of came into existence through ICOs, the role that Ethereum played and the lessons learnt from this overly crypto-exuberant time.