$1.2 billion worth of cryptocurrency was raised in token sales in the first half of 2017 alone. While there are many opinions on the intrinsic value of this ne

$1.2 billion worth of cryptocurrency was raised in token sales in the first half of 2017 alone. While there are many opinions on the intrinsic value of this new sector, everyone agrees it's a gold rush. It doesn't require any mining to create a token and raise funds. Just copy pasting token contract and crowdsale code (generally on Ethereum), and putting up a website with a whitepaper. The total market cap of tokens is now approximately $10 billion: https://coinmarketcap.com/assets/ https://coinmarketcap.com/assets/