Blockchain has quickly become the buzzword in fintech for 2017; Consensus 2017 took place this week in New York City...
Ethereum prediction market firm Gnosis has completed an initial coin offering with the firm's creators owning 95% or approximately $280 million and investors buying 5% of the project's tokens for a total of $12 million; skeptics say the high market cap for the project is an example of recent irrationality in token sales; however, as more initial coin offerings are successful, investors appear to be growing more comfortable with the investments. Source
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