Connecting with future regulation of the crypto currency market, observers express different opinions and assumptions on this. One of them – which way will market be developed, if the ICO becomes a purely institutional norm, without main sales? In this case, only funds will invest. So it may lead to stagnation – it’s one opinion. After all, in this case, a main part of the community will lose interest in investing, because it is impossible to expect such ROIs, that placed already to the history of crypto market. As, for example, one of the earliest ICO NXT. A fundamentally new cryptographic platform with a 100% PoS (Proof of Stake) system and 100% initial emission was announced on September 28, 2013. Next day the beta version was published. According to the results of emission of 1 billion tokens, 73 investors became the owners, they spent 21 bitcoins ($6 at that time). By the end of autumn, the capitalization reached $70 million. For today, ROI NXT since the ICO is + 710989%. A similar indicator Ethereum + 133071%, IOTA + 259207% – and there are many such projects. They serve as drivers for crypto market – say observers.
However, there is another point of view. If the ICO is conducted without a crowdsale – this can be better. Investors will buy tokens on the stock exchange. And that will lead to growth. As an example, we can recall at least the ICO of the Oracles Network blockchain project. The goal of the project was to create a decentralized network, fast, safe and efficient, using the consensus mechanism Proof of Authority (POA). The project was noticed, but many investors couldn’t enter it. And then they applied to the stock exchange to add it to their portfolios for the future. And they did not lose. Today POA Network is a successful and promising platform for smart contracts and decentralized applications.
