Whereas most people would think token offerings are no longer a viable manner of raising funds in the cryptocurrency industry, the statistics show otherwise. A recently released report by PwC only confirms there is still a lot of money being put into these token offerings accordingly. While it will be difficult to dethrone EOS in the years to come, these other projects have successfully raised money in the past 18 months.
There are some conflicting opinions as to whether or not the Telegram token offering should even be included in this report. The parent company created a digital token to enhance its native messenger ecosystem, thus it seems only fair they are up rather high on this list. By successfully raising $1.7bn dollars in the process, it is evident there is a genuine interest in this token and Telegram itself. The tokens ale came to a close in March of 2018, although there hasn’t been too much news regarding the use of this new asset ever since.