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Why Initial Coin Offerings (ICOs) Raise Millions of Dollars in Seconds

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Initial coin offerings (ICOs) -- a new blockchain-powered version of the traditional IPO - have attracted hundreds of millions of dollars of investor money over the past year.

But the sudden burst of enthusiasm for ICOs doesn't mean everyone should jump on board. Not all ICOs are created equal. And the phenomenon is so new that it's virtually unregulated.

Here's what's so promising - and so dangerous - about ICOs...

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