Token sale ICOs have raise 2.4x more than traditional venture capital investment projects according to new data research from a recently launched company by Nick Tomaino, a former Coinbase employee.
Among the notable VC funded companies is Bitfury, a bitcoin miner and ASICs manufacturer, and Shapeshift, a digital currencies exchange, which in combination raised $40 million while all blockchain related VC funded companies raised $140 million in total.
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