Korea’s Unique Ability To Make Its Reverse ICO Fad Permanent: Expert Take By Cointelegraph

Korea’s Unique Ability To Make Its Reverse ICO Fad Permanent: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.

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In the Republic of Korea, cryptocurrency ownership is already at 30% of the population and climbing. This rapid, organic growth provides a strong base of cryptocurrency-savvy investors. This solid, youthful foundation is necessary for reverse ICOs to flourish. Given that modern Korea tends to be a binary society and that reverse ICO are putting more tokens into the hands of its native businesses, the republic truly has a shot at evolving into the world’s first cryptocurrency nation.

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