- July 31, 2019
- Posted by: plink
- Category: Other News
According to the IRISH TECH NEWS – This year has been a tremendously exciting one in the world of blockchain and digital assets. As we approach the end of June and look back on the year to date, we believe the first six months of 2019 will be remembered for two significant trends in the industry:
-The recovery of crypto asset prices (particularly Bitcoin).
-The dramatic emergence of Initial Exchange Offerings (IEOs) as a funding model.
According to our in-house research, both these trends are interconnected. The apparent end of the crypto bear market has returned confidence to the industry, both in terms of new retail participants and inspiring startup founders who delayed their ICOs in 2018 to return, although seeking a new funding model. This return of the “animal spirits’ to the market coincided with the rise of the IEO fundraising model via Launchpads on exchanges like Binance, Huobi and ExMarkets.
Exmarkets is the fast growing IEO Launchpad which host selected high potential projects at a reasonable cost, while providing a strong opportunity for retail participants to access a diverse mix of vetted projects at an early stage and benefit from future growth accordingly. By noticing the demand of this exchange, PBET is also listed on the Exmarkets.
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