Weekly Crypto Recap 24 February 2018

Don’t Get Burned When Investing in an ICO!
ICOs, or Initial Coin Offerings, are one of the most discussed topics in the crypto world. Just this week, Telegram is trying to break all records with its controversial $1bn token sale. On the flipside, ICOs involve unprecedented risks, including security breaches, scams, and regulatory gaps. Make your first steps into this new world carefully – with the help of our blog post.

News from the Market

Petro: Stable Coin for Crypto Economy or Illegal Oil Futures?
Turkey, Russia, Japan, and the United Arab Emirates were allegedly considering issuing a state-backed cryptocurrency but eventually, Venezuela has beaten them to it. El Petro is expected to unburden the treasury and provide access to global investors which were previously blocked by US sanctions.

In 10 Years We Won't Have Blockchains
With new technological proposals for cryptocurrencies popping up almost every day, it is hard to say where we would be a few years from now. This interesting article by Coindesk is less a prediction and more a thought experiment, encouraging us to think about the future of blockchain.

Liberland: The Self-Proclaimed Free State Where Bitcoin is an Official National Currency
Countries all over the world are discussing the legal status of Bitcoin and other cryptocurrencies. However, one small self-proclaimed nation, lodged between Croatia and Serbia, has already declared its official decision. The “micronation” called Liberland recognizes Bitcoin, Ethereum, and even Bitcoin Cash. Only one problem remains: no other country recognizes Liberland as a country.