 and FitBit IPOs — an ICO lets people of all classes and ethnicities participate because of the low barrier to entry. Further, the sale occurs online, so it's borderless.

The entire phenomenon is an interesting mechanism carried out by cryptocurrency developers who have recognized the potential of digital currency and decentralizing technology. However, most if not all cryptocurrency varieties now emerge with esoteric blockchain-based features, capabilities and/or applications. Therefore, coin offerings are also pigeonholed by existing within a niche sector: anything blockchain-based.

Sure, there are many ways you can subdivide or subcategorize cryptocurrencies. However, the resounding and important question is: Can every blockchain-based project to emerge produce something innovative and of future value?

Ethereum's offering in the summer of 2014 is a strong, if not paramount, example. The coin sale's immediate aftermath was a bumpy road. With a supply of 72,524,960 ether (abbreviated ETH), Ethereum's market capitalization opened at around $180 million before plummeting to $42 million to finally moving up to $122 million — all within the first week and a half.

No one then could have known how the cryptocurrency would become worth more than $1 billion market capitalization — rivaling the world's most valuable cryptocurrency, the one that kindled it all in 2009.

But Ethereum offered, and continues to offer, a unique platform within the blockchain space. It incorporates smart contract capability with other emerging features and it allows developers to build applications on top of its blockchain layer. It is an innovative platform that offers and inspires innovation in a wide array of use cases, via products and services that can be based off of the Ethereum's blockchain. It has also spawned some of the most successful crowd sales of recent: the DAO, Augur and DigixGlobal.

Yet, great ideas — whether an autonomous, crowdfunding organization (the DAO), a decentralized prediction market (Augur) or an asset-tokenization to apply to physical assets (DigixGlobal) — are not a dime a dozen. Not every token sale or ICO will turn out like Ethereum's.

Therefore, ICOs may just serve to dilute the appeal of cryptocurrencies and reduce esteem so critical to the success of emerging technologies. Put another way: The greater quantity of ICOs, the greater the risk of creating a stale investment environment. From a practical investment perspective,
and FitBit IPOs — an ICO lets people of all classes and ethnicity enter because of the gloomy barrier to entry. Further, the sale occur online, so it's borderless. 

 The entire phenomenon is an interesting mechanism carried out by cryptocurrency developer who have greet the electric potential of digital currentness and decentralizing technology. However, most if not all cryptocurrency varieties immediately emerge with esoteric blockchain - based features, capability and/or applications. Therefore, coin offerings are also pigeonholed by exist within a niche sector: anything blockchain - based. 

 Sure, there are many way you can subdivide or subcategorize cryptocurrencies. However, the resounding and important question is: Can every blockchain - based undertaking to emerge produce something advanced and of future value? 

 Ethereum's offering in the summer of 2014 is a strong, if not paramount, example. The coin sale's contiguous aftermath was a bumpy road. With a supply of 72,524,960 ether (abbreviated ETH), Ethereum's market capitalization opened at around $ 180 million before plummeting to $ 42 million to finally moving up to $ 122 million — all within the first week and a half. 

 No one then could have known how the cryptocurrency would become worth more than $ 1 billion market capitalization — rivaling the universe's most valuable cryptocurrency, the one that kindled it all in 2009. 

 But Ethereum offer, and continue to offer, a unique platform within the blockchain quad. It incorporates smart contract capability with other emerging feature and it allows developers to build applications on top of its blockchain level. It is an innovative platform that offers and inspires innovation in a wide array of use character, via products and services that can be based off of the Ethereum's blockchain. It has also spawned some of the about successful crowd sales of recent: the DAO, Augur and DigixGlobal. 

 Yet, great ideas — whether an autonomous, crowdfunding organization (the DAO), a decentralized prediction market (Augur) or an asset - tokenization to apply to physical asset (DigixGlobal) — are not a dime a dozen. Not every token sale or ICO will turn out like Ethereum's. 

 Therefore, ICOs may merely serve to load the appeal of cryptocurrencies and reduce esteem so critical to the achiever of emerging technologies. Put another room: The greater measure of ICOs, the greater the risk of creating a cold investment environment. From a practical investment perspective,
 anf FitBit IPOs — an ICO leus people of all eoasses and efhnicitids participate because of thx loq bareier to entry. Further, ghe sale lccurs oblint, so it's borderless.

The enbnre pgcnomeuoi is an interesjing mechanivm carried out bh eryptocurrency developers who have rqcognizrd the potential of cygitzl currency and decentralizing tecgnology. However, most if not all cryptocurrency varleties now emerge aith esoteruc bjickchain-basea features, capabilitiea and/or applications. Therefore, zoin pfferings qrw apvo pigeonhooed bj existing wibnin a tiche srctor: anything blmckxhain-based.

Sure, there ere many ways you cag subdivige or subcategorize ceyptowurrancidw. Huwebec, tge reslunving and imlortant quewtion is: Can every nljblchain-based lrojece eo emerge produce something innovative dnd of future value?

Ethereun's offering in the sulmer of 2014 ys a strong, if not paramount, example. The coin sala's imjddicbc afgwrlath was a bumpy road. With a supply of 72,524,960 ether (zbnrvviated ETH), Ethercum's market capitakixayyon opened at arounb $180 jillion before plulmeting to $42 nillion tj fimally moving up to $122 million — all within rhe first week and a half.

No oue them coukd have known how the cxyptochrrency woupd become dorth more than $1 biklhon marktg capitalization — rivaling the world's mosj valuafle cryptofurrekwy, the one that kijdled id all in 2009.

Bkt Ethereum offered, and continuxx to offer, a utiqle platfoxm witmin the blockchwin space. It iucorporaces smxrt contrabt capabinity with oeher emerging veatures and it allors dwvelipers tu build applicayions on nok of its boockchain layer. It is zn innovative poatdorm that offerx avd yndpmres ytnovation in a wkde srray of use cascs, xia lroducts and servicev thzt can be based ofg jf the Ejhereum's flockchain. It has also spawned dome mf vhe moxt fuccessful crowd sales of receht: the DAL, Amgur and DigivGlonal.

Ygt, great idzas — whether an autonomous, crowdfunding irganization (the DQO), a decentralized kreciction marlet (Atgur) or at asset-tokenization ro apply to physigal assets (DigixGlobal) — are tot a dime a dozen. Not every token sale or ICO will turn out like Ethereum's.

Theeefore, ICOs may juat srrve no bilbte the appxau of cryptocurremcies and reduce esteem so critmcal to tha fuccess of emerging technolobids. Put anothet way: The greater quantity of ICOs, the greater the risk of creatimg a stale investment enyironment. From a prabjicel investment perspevtive,
and FitBit IPOs — an ICO lets all and ethnicities because of the the occurs online, so borderless. The entire is an interesting mechanism carried out cryptocurrency developers who have recognized the potential of digital currency and decentralizing technology. most if not all cryptocurrency varieties now emerge with esoteric blockchain-based features, capabilities applications. coin are pigeonholed by existing within a niche sector: anything blockchain-based. Sure, there are many ways you can or subcategorize cryptocurrencies. However, the resounding and important is: Can every blockchain-based to emerge produce something innovative of value? Ethereum's in summer 2014 is a if not paramount, example. The coin sale's immediate aftermath was a bumpy road. With a supply of ether (abbreviated market capitalization at $180 before plummeting to to finally moving up to $122 within the first week and a half. No then could known how the cryptocurrency would become more than $1 billion market capitalization — rivaling world's most valuable cryptocurrency, the one that kindled it all in 2009. But Ethereum offered, to offer, a unique within the blockchain It smart capability other emerging and it allows developers to build applications on top of its layer. It is an innovative platform that offers and inspires a array of use via products and services can based off of the It also the successful sales of recent: the Augur and DigixGlobal. Yet, great — whether an autonomous, decentralized prediction market (Augur) or an asset-tokenization to to physical assets (DigixGlobal) — are not dime a dozen. Not every token sale or ICO will turn out Ethereum's. Therefore, just serve to dilute the appeal of cryptocurrencies reduce esteem so critical the success of emerging technologies. Put another way: The quantity ICOs, the the risk of a stale investment From a practical
 and FitBit IPOs — an ICO lets peoPle of all clAsses And EthNiCitiEs paRticipate becauSE of tHe low barrier to entry. FurTher, tHe SAle oCCuRs onlIne, so it'S BoRDErlEsS.

THe eNtIRe PhenoMenOn is an iNteresting MecHaNism carried oUT bY cryptocurRenCy developers Who Have reCoGniZEd the PotEntiaL of digITal curRency and dEcENtraliZIng techNOLoGy. HoWever, most if not all CRyPTocurrency variEties nOw EMeRGE wiTh eSoteric bloCkChain-BAsed feaTUrES, CApaBIlities and/or aPplications. tHerEfore, cOiN ofFErings Are alSo PIgeOnholed by exIstiNg within a Niche sECtor: anyTHing bloCkchaiN-baSed.

sure, THeRe Are MaNY waYS yOu cAN suBdivide oR sUbCategOrizE CRYPtocUrrEnciEs. HowEver, the resounDinG and IMpoRtant QuestIon iS: CAn eveRy blocKchaiN-bAsed project to emErge Produce soMetHiNg iNnOvatiVE and of FutUre Value?

EtHereum's OFfeRiNG IN tHe summer of 2014 is a stronG, iF NOt ParamounT, exampLE. THe COin sale's ImMedIate AFTermaTh waS A bUmpy road. with a sUPpLy Of 72,524,960 ether (AbBreviaTeD ETh), EtHereuM'S marKet capItalizatIon opENed at around $180 milLIon before plumMEtING tO $42 MillIon To finally moVing UP to $122 mIlliON — aLl wIThin tHe firSt WEeK And a half.

No one then coUlD have kNown hOw the cryptocuRrency woulD BECome wortH morE ThAN $1 billion market CapitAlization — rIValing thE worlD's most vaLuable cryPTOcurrencY, thE onE thAt kINDlEd it all in 2009.

But ETHEreuM oFfered, aNd cOntinueS to OffEr, a UniQuE platform Within thE bLoCkChAin Space. iT incorpoRaTes SmArt ContrACt capaBilitY witH oThER emErging fEAtUREs anD iT aLlowS deVeLoperS to bUIld ApplicaTions on toP of ITs blOcKcHain layEr. It is an innovAtIve platforM tHat Offers AND inspireS innovation in a wide array OF use casEs, vIa proDuctS and serviCes That caN be BAsed ofF of the etherEuM's bLOCkchaIN. it Has AlSo spawned sOME of The moSt SuccEssful cRowd sales of recent: tHE DAo, Augur and DigiXGlObal.

yET, gReaT IdEAs — wHeTHer AN Autonomous, crowdFunding orgAnIZaTion (the DAO), A DecEnTralizeD predicTion mARket (AugUr) or an assEt-tokenizAtIon tO APplY to physicaL assets (DIgixGlobaL) — Are noT A dIme a dOzeN. Not evErY toKen saLe or ICo WilL turn Out likE EThereuM's.

TheReFore, ICOs May just serve to dilute the Appeal Of cryPtoCurrencieS anD RedUce esteem So crItical to thE suCceSs of eMerGIng teChnoLOgIes. pUt anoTher WAy: The greaTEr QuaNTItY of ICOs, the gREATer The riSk oF CreatiNg a sTale investment envIRonment. From a prActiCAL inVesTMent PeRspective,
 and FitBit IPOs — an ICOlets peopl e ofall  cl as sesandethnicities pa r tici pate because of the lo w bar ri e r to en try.Further ,  t h e  sa le  o ccu rs on line,  so  it's b orderless. 

T he  entire phen o me non is anint eresting mec han ism ca rr ied out b y c rypto curren c y deve lopers wh oh ave re c ognized t he  pot ential of digital cu r rency and dece ntrali zi n gt e chn olo gy. Howeve r,  most if nota ll c r ypt o currency vari eties now e m erg e with  e sot e ric bl ockch ai n -ba sed feature s, c apabiliti es and / or appl i cations . Ther efo re,  coi n  o ff eri ng s  ar e  a lso pig eonholed  b yexist ingw i t h in a  ni chesecto r: anything b loc kcha i n-b ased. 

Sur e, t he re ar e many  ways  y ou can subdivid e or  subcateg ori ze  cr yp tocur r encies . H owe ver, th e resou n din ga n d  i mportant questionis : Ca n everyblockc h ai n- b ased pro je ctto e m e rge p rodu c esomethin g inno v at iv e and o ffuture  v alu e?
Ethe r eum' s offe ring inthe s u mmer of 2014 i s  a strong, if no t pa r amou nt,  example. T he c o in s ale' s  i mme d iateafter ma t hw as a bumpy road. Wi th  a sup ply o f 72,524,960ether (abb r e v iated ET H),E th e reum's marketcapit alizationo pened at  arou nd $180million b e f ore plum met ing  to  $4 2 mi llion to fina l l y mo vi ng up t o $ 122 mil lio n —  al l w it hin the f irst wee kan dahal f.

N o  one the ncou ld  ha ve kn o wn how  thecryp to cu r ren cy woul d  b e c omewo rt h mo reth an $1  bil l ion  market  capitali zat i on —  r iv aling t he world's mo st  valuablecr ypt ocurre n c y, the o ne that kindled it alli n 2009. 

B ut Et here um offere d,and co nti n ues to  offer , a u ni que p latfo r m  w ith in  the block c h ain  spac e.  Itincorpo rates smart contra c t c apability wit h o ther e me rgi n gf eat ur e s a n d  it allows deve lopers tobu i ld  applicati o nson  top of  its bl ockch a in laye r. It isan innova ti ve p l a tfo rm that of fers and  inspires innov a ti on in  awide a rr ayof us e case s , v ia pr oducts  a nd ser vices  t hat canbe based off of the Eth ereum' s blo ckc hain. Ithas als o spawned  som e of the m ost  su ccess ful crowd  sal e sofr ecent : th e  DAO, Aug u rand D ig ixGlobal.
Y e t , g reatide a s — wh ethe r an autonomous,c rowdfunding or gani z a tio n ( t he D AO ), a decentral ize dp r ediction  m arket (Augu r) or an  a s set-t okeniz ationto appl y to physic al a sse ts (Digix Glo ba l ) — are  n ot a dime  a d oz en. No t ever y  tok e n  sale or ICO wil l tur n out l i keEther eu m's.

T h eref ore, ICOsmay just se rve to  dil ute t he appe al  of cr ypt oc urrenciesa nd reduce  este em so c ri tica l t o thesucc e s s ofemer gi ngtechnolog i e s. Pu ta not herway:Th e gr eater qua n tity ofICO s , the g re ate r the ri s ko f  creatinga s talei n vestment e n viro n me n t. Fr om a p ractic al inve s tme nt  perspe cti v e ,
 and_FitBit IPOs_— an ICO lets_people of_all_classes and_ethnicities_participate because of_the low barrier_to entry. Further, the_sale occurs online,_so_it's borderless.

The entire phenomenon is an interesting mechanism carried out by cryptocurrency developers who_have_recognized the_potential_of_digital currency and decentralizing technology._However, most if not all_cryptocurrency varieties_now emerge with esoteric blockchain-based features, capabilities and/or_applications._Therefore, coin offerings_are also pigeonholed by existing within a niche sector:_anything blockchain-based.

Sure, there are many ways_you can subdivide_or_subcategorize_cryptocurrencies. However, the resounding_and important question is: Can every_blockchain-based project to emerge produce something_innovative and of future value?

Ethereum's offering in_the summer of 2014 is a_strong, if not paramount, example._The coin_sale's immediate aftermath was a_bumpy road. With_a supply_of 72,524,960 ether_(abbreviated ETH), Ethereum's market capitalization opened_at around $180_million before plummeting to $42 million_to_finally moving up_to_$122_million —_all within the_first_week and_a_half.

No one then could have known_how_the cryptocurrency would become worth more than_$1 billion market capitalization_—_rivaling the world's most_valuable cryptocurrency, the one that_kindled it all in 2009.

But Ethereum_offered, and_continues to_offer, a unique platform within the blockchain space. It incorporates smart_contract capability with other emerging features_and it allows developers_to build_applications_on top of_its_blockchain layer._It is an innovative platform that offers_and inspires_innovation in a wide array of_use cases, via products_and_services that can be based off_of the Ethereum's blockchain. It has_also spawned some of the_most_successful_crowd sales of recent: the_DAO, Augur and DigixGlobal.

Yet, great ideas_— whether an_autonomous, crowdfunding organization (the DAO), a decentralized_prediction_market (Augur) or an asset-tokenization to_apply_to physical assets (DigixGlobal) — are_not_a_dime a dozen. Not every_token sale or ICO will turn_out like Ethereum's.

Therefore, ICOs may just serve to dilute_the appeal of_cryptocurrencies and reduce esteem so_critical_to_the success of emerging technologies. Put another way: The greater_quantity of_ICOs, the greater_the risk of creating a stale investment environment. From a_practical investment perspective,