What does 2018 have in store for ICOs?

Rebecca Lam
Thu, 22 Feb 2018
Email Author

ICOs have exploded into the mainstream market over the last few years, leading to a massive growth in the crypto markets. 2017 was an astounding year for ICOs, with more than 800 different cryptocurrencies available for investors and the equivalent of $4 billion has been raised. December even saw Bitcoin reach its peak value of $19,000. As we settle into 2018, Challenge Advisory  explores what we’ve seen already and what we expect to see in a monumental year for ICOs. 


Corporate companies are capitalising on the blockchain hype for the boost, and evidently they are succeeding. Telegram and Kodak have disrupted the industry by launching their own cryptocurrencies. Kodak’s cryptocurrency has seen shares rise 120 per cent and Silicon Valley venture capital firms are lining up to invest in the messaging app, Telegram. This looks set to continue throughout 2018 with businesses producing company coins in an effort to modernise their industry.

ICOs are becoming even more mainstream than in 2017, and will begin to transform other industries from retail to logistics and medicine. Medicalchain raised $24m through an ICO on 1 February and will revolutionise medicine by allowing the industry to catch up with the data revolution. The blockchain platform for medical records will allow secure, fast and transparent exchange of medical records by patients and doctors.

It is also expected that many central banks will begin to embrace the blockchain and ICO market, using their digital assets as a way of exchanging value on blockchain securely and in real time. There could be a string of new products released in the near future as banks and institutional companies begin embracing the crypto market. These products will make it easier for larger sums of capital to flow into the system.

Despite the predicted prosperous year of ICOs, increased regulatory scrutiny remains prevalent. This year could see authorities clamping down on fraudsters within the ICO space, with a larger demand for validation and transparency. Facebook recently announced that it will be banning all ads promoting cryptocurrencies, preventing people from advertising what the company is calling “financial products and services frequently associated with misleading or deceptive promotional practices.”

2017 was an astounding year for ICOs, with more than 800 different cryptocurrencies available for investors and the equivalent of $4 billion has been raised.



In line with the explosive year of ICOs, Augmate have launched MATE token (Machine Access Token Exchange) allowing anyone to participate in the rise of a global ecosystem of human and device connectivity, starting with the enterprise and quickly expanding to the consumer space.


Rights to receive future MATEs are currently available for sale on CoinList.co and SAFTLaunch, and will be sold in a series of offerings at decreasing discounts. Click here to find out more information about their ICO.


LinkedIn: www.linkedin.com/company/1043351/

Twitter: www.twitter.com/augmate

Facebook: www.facebook.com/augmate/

Instagram: www.instagram.com/augmate/