Not all ICOs were scams

Japanese industrial conglomerate, Marubeni, has just formalised a convertible loan for WePower, a Blockchain-powered renewable energy business based in Lithuania. WePower is also looking to tap into the fast-growing Australian solar and wind power market. Itcarried out an Initial Coin Offering (ICO) in February 2018 ,and raised $40 millionfrom over 22,000 investors which as the chart below shows at one stage it was worth $80 million!