But in the beginning of the summer, blockchain startups were able to raise more money with
ICOs than angel and seed investments from VC firms.
Not exact matches
But despite more
than $ 900 million in recorded venture funding in 2017, and more
than $ 375 million in known venture funding for the first two months of 2018 so far, traditional VC rounds — convertible notes seed,
angel, Series A, Series B, etc. — now pale in comparison to
ICOs in terms of dollar volume.
The total amount of crypto
ICO cash raised in the year to date amounts to $ 1.25 billion, more
than venture funding at the
angel and seed stages, though excluding crowdfunding (see the chart below), the Goldman note said, quoting Coin Schedule.