While not as strong as in 2016–17, the initial coin offerings (ICOs) still continue to catch the interest of many investors in the industry.

Cryptocurrencies have become a global phenomenon, which continues to conquer the world every day and gains more and more followers progressively. Nowadays, even the largest companies in the world can’t ignore the influence of the blockchain anymore. The decentralized form of cryptocurrencies gives financial institutions something to think about.

The iGaming industry has grown dramatically during the past decade, largely due to the development of technological solutions and the improvement of the user experience. Modern game design, licensed RNG mechanisms, multiple gaming features, and gaming variety have all played their role. The first step towards increased transparency and fairness was taken in 1994 when the Caribbean nation passed a law enabling operators to apply for licenses.

Similar to crowdfunding, an ICO — initial coin offering — is a way for companies to raise capital with the help of digital currencies.