RATE Group | Volatile Cryptocurrency Prices Are Wreaking Havoc on ICOs
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Volatile Cryptocurrency Prices Are Wreaking Havoc on ICOs

26 Aug Volatile Cryptocurrency Prices Are Wreaking Havoc on ICOs

Posted at 18:41h in Cryptocurrency News by

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cryptocurrency ico tear up plans

In the last three months, ethereum price as fallen by over 60%. This drop in price has directly affected the budget plans of every ETH-denominated token sale within this period.

Price volatility is a prominent aspect of the cryptocurrency ecosystem of today. While most ICOs executed in 2017 benefited from the significant surge in price across board, 2018 presents the direct opposite. However, startups and companies involved remain obligated to deliver on their promises.

Considering the uncertain nature of the crypto ecosystem, speed of execution is proving to be crucial in other to remain within predictable boundaries while executing a crypto-denominated crowdfunding exercise.

India-based startup Exioms Technologies claims to fast track processes involved in the prosecution of initial coin offerings (ICOs) for both startups and already established companies. This emerging technology and business innovation company announced in a press release that its services will enable…

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