Altcoin Numbers Continue Exploding in Spite of ICO History

[cheezcarls]

The number of new altcoins and stablecoins being offered to the general public continues to increase. This is in spite of the fact that the Initial Coin Offerings (ICOs) that started the altcoin craze have met mostly failure.

The beginning of 2020 saw a host of new coins enter the market, often with specialized intent. Many of the new altcoins are designed for specific usage within platforms or games. Nevertheless, the diffusion of attention into these coins represents much of what is wrong with the industry.

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[vaysar]

Perhaps we will witness the revival of the ICO if they are fully consistent with US law. This was stated by SEC Commissioner Hester Pearce at the blockchain technology congress in Chicago. Regulating the ICO process will bring us even more new high-tech altcoins.