By:Mark Schaub Stanley Zhou & David Hong King & Wood Mallesons
Introduction – the Rise of the ICO
Initial Coin Offerings (“ICO”) hit the global zeitgeist with a bang in 2017. In those heady times a small project team in East Europe with a white paper and a dodgy website could raise millions of dollars in the span of several minutes. The ICO investment phenomenon coupled with the meteoric rise of cryptocurrencies raised the profile of the underlying distributed ledger and blockchain technologies.
Continue Reading What the New PRC Blockchain Regulations Mean