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Because they are largely unregulated, ICOs are rife with fraud and scam artists looking to prey on overzealous and poorly informed investors. How does one go about finding ICOs in which to participate? By keeping a limited amount of tokens they are ensuring that the tokens itself have a value and the ICO has a goal to aim for.
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The investment earned the company a billion dollar valuation.
When Roy looks at the cryptocurrencies being advertised on the internet he sees several patterns. We recently put out an investor alert about a company called UTI-Tech. My hope is that Google will enact a similar policy, where they specifically name products like binary options, ICOs and cryptocurrencies.