I got this content from Techcrunch. Blockchain is truly changing how we do things on earth.
It was always like to happen, but the speed in which the first ICOs worth more than $1 billion have arrived is surprising.
Today both OmiseGO (OMG) and Qtum passed a $1 billion market cap today, according to coinmarketcap.com, a site that tracks the value of crypto tokens. In doing so, they became the first ERC20 tokens — subtokens that are built on the Ethereum network and sold to investors via an ICO — to pass the unicorn mark based on the total value of coins that have been distributed.
Most incredibly, both have reached surpassed the landmark in mere months.
The OMG token sale, which raised $25 million, took place in July and initially one OMG token was worth around $0.27. Today, the value is at more than $11, giving a return of more than 40X to anyone who bought in at the ICO stage.
Qtum raised $15.6 million worth of crypto in March. Its QTUM token was worth $0.30 initially, but today that price is above $17 — another massive respectable return for those who speculated.