Venture capitalists are investing huge sums into blockchain projects, despite the prevalence of ICOs as a form of fundraising in the space.
According to a study by Diar, with data provided by Pitchbook, the first three quarters of 2018 have seen more than $3.9 billion raised for blockchain projects through traditional VCs, which is a massive 280 per cent increase from 2017.
The report reads: “Initial Coin Offerings (ICOs) were supposed to disrupt how early ventures raise capital. And many were calling for the end of venture capital as we know it.
This post is an exerpt of an original post published on Crypto News Review. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.