Paul Condra and Ria Bhutoria, research analysts at Credit Suisse, might be looking at Initial Coin Offerings (ICO) from an institutional standpoint and scratching their head. In a December 8 report they point to the top ten tokens issued being up a stunning 50,000% since inception. That is not a typo.
Credit Suisse – ICOs Sorta Like VC
Bubbles Never Sleep