The price of altcoin and bitcoin drop. Should we be panic? What do you think of the situation. Will ICOs stop because of the ban by China, Russia and Korea? Will others follow those countries? What is the future of ICO?
Well it may seem frustrating at first, but banning ICO from each country doesn't mean that investments and transactions are banned as well. The investors will now turn worldwide making ICO's in other countries stronger. The stronger ICO it becomes, the higher price the crypto currency becomes. I wouldn't think that China and other countries will ignore such a profit.
My opinion overall is that the banning of the ICO would be temporary, and this time could be seen as an opportunity.