This story was originally published on HackerNoon at: https://hackernoon.com/crowdsales-in-crypto-initial-something-offerings-and-their-regulations.
A crowdsale in the crypto space is a risky fundraising method that anyone could prepare, so it could lead to big gains or big
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Crowdsales in the crypto space are a fundraising method in which a DLT-based project offers its native tokens to the public in exchange for established cryptocurrencies. This process typically occurs before the project is fully launched. In 2017 and 2018, ICOs exploded in popularity, quickly becoming the go-to way for crypto startups (and scammers) to raise money.