ICOsareadigitalblockchain-basedformofpublicfund-raisingforentrepreneurialpurposes.Givenalegalandregulatoryframeworkwithpartiallyunclearapplicability,FINMAistodaypublishingguidelines,whichcomplementitsearlierFINMAGuidance04/2017,settingouthowitintendstotreatenquiriesfromICOorganisers.Creatingtransparencyatthistimeisimportantgiventhedynamicmarketandthehighlevelofdemand.

我们认为本轮周期品种虽然gcEV涨起点接近，由于基本面逻eQSa和投资周期等因素之间的差xHoV，行业的投资机会面临着分gJsd。