It is no secret that the cryptocurrency market is red hot. Bitcoin, Ethereum and other currencies soared this year and the number of initial coin offerings (ICOs) exploded.
Of course this gold rush is attracting a lot of people, including highly paid investment bankers:
Richard Liu gave up a seven-figure salary this month to get into one of the hottest financial instruments around right now: initial coin offerings. The former China Renaissance deal-maker has since backed a clutch of cryptocoin sales that’ve raised millions -- sometimes in seconds -- often without a single product.
“Unlike the traditional financial sector, there are no ceilings or barriers. There’s so much to imagine,” he said.
Full article here:
Check out this terrific overview of 2017 YTD ICOs: