https://qz.com/1065607/dont-believe-the-hype-about-the-tremendous-returns-on-initial-coin-offerings/ >“Initial coin offerings” (ICOs), a new funding mechanism based on cryptocurrencies, have raised hundreds of millions in minutes this year, outpacing traditional funding mechanisms like venture capital for new technology projects. According to a new report from trade publication CoinDesk, ICOs raised $797 million in the second quarter of this year for blockchain businesses, compared to the $235 million that blockchain projects have raised from venture funding. >ICOs have been touted as a way for individual investors to get rich quick. The CoinDesk report highlights several offerings that have generated returns as high as 39 times the capital invested when the ICO closed, when measured in dollars. Here they are: