With the increasing public attention on the dramatic rise and fall of crypto assets prices such as Bitcoin, it can be said that crypto assets have gained widespread acceptance as a form of asset management. Indeed, the level of enthusiasm one can have for it may vary from person to person, given the potential for both high risk and high return. However, anyone with an interest in investing is likely to be at least somewhat interested in owning crypto assets.<\/p>\n\n\n\n
However, crypto assets is not only used to acquire existing assets for investment, but can also be issued by individuals themselves to raise funds from others. Raising funds in exchange for currency using crypto assets is referred to in IT terms as an ICO (Initial Coin Offering). One could argue that what sets crypto assets apart from existing technologies like electronic money is its ability to enable this new method of fundraising, known as an ICO. This new technology of crypto assets presents a new way of fundraising to society. For this reason, it has the potential to greatly influence the existing financial industry, giving rise to both high expectations and concerns.<\/p>\n\n\n\n