In the last few months, the ICO hype has led to exponential growth in the number of companies and entrepreneurs who wish to create it.

Nowadays from 30-50 offerings are being announced for launch on a daily basis. And this growth is only gaining momentum. Several thousand offerings are scheduled for Spring 2018.

The offerings are being conducted both by clear Blockchain-based projects with related IT projects and a traditional business industry that views tokenization not only as a new opportunity for capital-raising but also optimization of its services.

Source: https://cointelegraph.com/news/hacking-the-ico-how-greed-defeats-the-industry