The era of the open Initial Coin Offering is quietly coming to an end.

TL;DR:

For much of crypto’s early history, ICOs and later ITOs were the preferred method of raising capital. A project could publish a white paper, deploy a token contract, market globally, and attract funding from retail participants across borders with little formal structure.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence ETH price action and market sentiment in the near term.