Top Crypto Lawyer: ICOs Are Not Slowing Down, But They Will Face Adoption Challenges

News
Tue, 08/14/2018 - 17:36
Alex Dovbnya
Jay Swob discusses ICO transformations
Cover image via U.Today

Despite a lack of regulatory basis, a leading crypto attorney Jay Swob predicts that they are not going away any time soon. He calls ICOs ‘exciting,’ but he also claims that they are extremely unpredictable, so it is extremely hard to foretell where this market will turn tomorrow. As investors get more conscious about gaining profit, the need for quality ICOs will crowd out numerous scams that offer nothing but a white paper. This ‘maturity stage’ will go as far as establishing own ICOs funds. Swob also states that it would be interesting to see how ICOs will affect the venture capital industry. 

Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy