ICO Pre-Sales Dominate Crypto Market making the Rich Richer

According to Token Data, the majority of ICO’s launched raised their capital required during the private sales and pre-sale rounds with some halting sales before offering to the public.       These pre-public sales offer generous discounts and as these tokens are launched on exchanges quickly, opening up to the public, early investors have the opportunity to turn a profit very quickly making the investors who have connections to the ICO a lot richer faster.     Reported by Quartz, People are already flipping the Telegram ICO for millions,…

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