With Bitcoin blockchain leading the surge in the cryptocurrency market, having a market capitalization of over $136 billion USD, shows consistent growth in marginal profit and has also inspired todays altcoins and many in the cryptocurrency community towards building new crypto undertakings. It is safe to say at this point that while this new technology is uncharted territory to most economic systems, the current level of adaptation is being explored and new use cases are developed on a constant basis to demystify this economic tool.
The blockchain is the premise for which all Initial Coin Offering and their derivatives are built upon. As internet based businesses are moving their real world assets unto the blockchain, they find it convenient to use the digitized form of their assets to leverage the blockchain possibilities to their advantage. On the other hand, exploiting these possibilities have revealed flaws and cracks within the decentralized system as many have attempted to use the network for illicit purposes.