30
May
2018
|
17:41
Asia/Singapore

Deciphering the cryptic world of Initial Coin Offerings

Dr Emir Hrnjic, Visiting Senior Research Fellow at the Centre for Asset Management Research & Investment at NUS Business School, observed that Initial Coin Offerings (ICOs) have the potential to provide start-ups with the much needed capital but time is needed for the process to evolve. He cautioned that retail investors should be aware that investing in ICOs at present is opaque, high risk, and offers little to nothing in the way of protection.