Blockchain Investments Survive the Crypto Winter
Investments into blockchain have continued to grow despite the crypto winter and the downfall of ICOs. VC investors are banking on their belief that blockchain will ultimately offer transformation across many industries,.
Bitcoin may have fallen from grace in the eyes of investors, but blockchain’s bull run shows little sign of slowing down.
After peaking at nearly $20,000 per coin in December 2017, the price of the cryptocurrency dove off a cliff, reaching lows of around $3,500 by the end of 2018. A series of enforcement actions by regulators over initial coin offerings (ICOs) also continued to damage the reputation of crypto generally. However, while the conversation had generally shifted to crypto, blockchain
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