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MediChain ICO: Why Researching an ICO Important

In 2017, ICOs (Initial Coin Offerings) blew up in the cryptocurrency market and raised a total of $5.6 billion dollars. Startups discovered a new way to fundraise and receive capital faster, by holding these coin offerings. Instead of going through the traditional VC route which pinholes their company early to a specific valuation, they decided to just go straight to individual investors to raise capital. They offer digital tokens in exchange for funding for their startup.