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The so-called ICO is the initial token raising. On the surface, there is only one word difference between ICO and IPO. In fact, they are basically the same. Of course, issuers will try their best to explain the difference and try to get rid of the suspicion of securities issuance. IPO issues stocks and collects RMB. ICO issues tokens and collects bitcoin. But where does the general public come from? So behind bitcoin is still the legal tender, that is, the renminbi, whether ICO or IPO, is issued for uncertain objects, if only private, then the impact will not be so great, of course, the bubble will not be so great, the wealth effect will not be so great, the social harm is relatively controllable, if we want to say the difference, that is, IPO has supervision, there is a trial, there is disclosure, and ICO Li Xiaolai can raise 180 million US dollars with a plan, with a valuation of 5 billion US dollars, which is known as absolute "5 billion US dollars air". What is this kind of behavior that is not illegal financial behavior? In typical illegal fund-raising, if the management doesn't take action, it is dereliction of duty.
At present, the news of Messi's transfer to Manchester City is heavy, but it's hard to say whether it can be finally achieved, so city will also consume more energy. But Chelsea are basically in place, from this point of view, the Blues will be better prepared. Chilwell has played in the Premier League for many years, so it doesn't need too much time to adapt. The reinforcement of this position is also very important, because this position has always been the unstable place in the game. After the strong reinforcements are in place, the left brake of the team doesn't need to worry any more, and the current configuration rotation is no problem.
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