"Elegance never goes out of fashion."

The Rise and Fall of ICOs: How Bancor's $153 Million Raise Became the Blueprint for a Revolution

·Dylan·Blockchain

When I first heard about Bancor raising $153 million in just three hours on June 12, 2017, I knew I was witnessing history. Not because of the amount—though it was staggering—but because of what it represented: the moment when smart contracts proved they could revolutionize fundraising forever. Today, I want to take you through the technical brilliance and human drama behind Initial Coin Offerings, using Bancor as our lens to understand how a few hundred lines of code changed venture capital forever.