The industry is growing rapidly. New coin-based economies are being developed across the globe every day, with the total market cap for all cryptocurrencies expected to surpass $1 trillion in 2018. A few data points:
According to CoinMarketCap.com, there are now 1,526 cryptocurrencies in circulation and global cryptocurrency markets are now averaging $2 Million USD per day (approximately the same daily trading volume as the New York Stock Exchange)
Search relating to cryptocurrency and blockchain has dramatically increased in 2017. According to Google’s “Year in Search 2017” Bitcoin ranged second in overall search under “Global News”. They see this trend continuing in 2018 and beyond.
The Bitzumi offering is historic on many levels, but one big reason is that the company is the first cryptocurrency and blockchain related company to utilize Regulation A+ to raise capital and apply for listing on the Nasdaq Stock Market.
PS Caveat emptor!
The following article was republished with permission from ValueWalk.