ICOs have become so popular that well over 90% of total funds raised through this mechanism came from this year alone.
While it's hard to put this sudden ICO explosion in context, we think today's animation does the phenomenon sufficient justice. Coming from Max Galka at Elementus.io, today's animation shows a timeline of ICOs and funds raised since early 2014.
In an added dimension, each ICO is also classified based on geographic region. The colorful fireworks that happen throughout 2017 help to make it clear that we are indeed living in the year of the ICO.
Despite bans in China and South Korea, there is no shortage of fervor for new cryptocurrencies or tokens.