Experts of the consulting agency ICO Producer found out where is best to conduct ICO. To do this, they studied a hundred successful ICOs with a volume of raised funds of more than $ 10 million to find out their jurisdiction. The first three places were occupied by Singapore, Switzerland and the Cayman Islands.
Since 47 of the interviewed start-ups out of a hundred failed to disclose their jurisdiction, the researchers were based on the remaining 53. 11 start-ups from this list are registered in Singapore, where cryptocurrencies are fairly loyal. Another 9 major ICOs were held in the jurisdiction of Switzerland, whose economy minister recently stated that the country should become "crypto-nation." In third place - the Cayman Islands. Overseas territory of Great Britain is known as a popular offshore center, therefore, cryptocurrency projects feel quite calm here.
The fourth place in the rating is formally the United States, but analysts excluded them from the list because of the prohibitive initiatives of the Securities and Exchange Commission.