MilliOnAir interactive Magazine September 2017 - Page 107

Regarding Blockchain and ICOs ICOs have already raised USD 327 million this year alone, compared to USD 101 million in all of 2016, according to the latest numbers from ​ Smith + Crown​ , a blockchain research firm. “This is inevitably becoming a fast-growing alternative for businesses to raise capital.” Blockchain technology has been on fire in the past year, with blockchain-based cryptocurrencies recently passing $100 billion market cap, and the technology being adopted in projects all over the world. The fact that multibillion dollar companies like Toyota and Deloitte are working with the blockchain just adds to the technology’s reputation and proves it has value. As for ICOs, around 20 offerings a month are currently taking place and the Tezos blockchain ICO is the most recent record that generated US$232 million, ending on July 13. -30- Media Contacts Eve Montpetit - ​ eve.montpetit@impakfinance.com​ 514-813-0871 Press kit : ​ download link Video:​ ​ Introducing impak Coin Info at​ ​ www.impakcoin.com