How a movement dies and an industry rises

Technologies don’t have the same kind of life cycle as human beings. They’re more akin to species, coming into existence and then slowly evolving with their complex habitats. ICO funding peaked in March 2018, when blockchain startups brought in $1.75 billion. In November, that figure was down to $360 million, and the ICO market that looked unstoppable as the manic cash grabbers packed up their swag last year ended…

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