The rapid growth of crypto market has led to attempts to create a legal framework for the new sphere. Investor Aleksey Zhelyaskov recalls: “I had a chance to talk to one lawyer at a conference in Singapore, and he told me that in six months they will have regulation. Here in Russia it would be understood as "tightening the screws". While in Singapore people are happy because, finally, the rules of the game will appear. The development of transparent and understandable rules of the industry is a serious step for market development and its capitalization". It is believed that in 2018, many projects that have been actively collecting money for the past six months should present their products and services to the world. "What was the first step for any startup back then? The search for investors. Then crowdfunding appeared. And now, cryptocurrencies are becoming more and more popular. You can start with collecting fiat money, and then cryptocurrency; you can do it on the contrary; or you can do both at the same time. I consider this a real democratization of investments”, said TechCrunch editor-in-chief and ICO expert Mike Butcher.
