#区块链生态系统发展# Looking back at the past, one can't help but feel a surge of emotions. The ICO feast of 2017 made countless people overnight millionaires, while it shattered the dreams of many others. Now, the encryption stock IPO season is approaching, as if history is repeating itself.



This Forbes article has brought back many memories for me. Back then, blockchain was still a novelty, and everyone wanted a piece of the pie. In hindsight, it seems that the madness of those days was indeed a bit excessive. However, it was that frenzy that laid the foundation for today's encryption ecosystem.

How is the current IPO craze different from the ICO boom of previous years? The biggest difference is maturity. Today's encryption projects are more standardized, and investors are more rational. Circle's successful listing will undoubtedly attract more institutional funds into the market. This is good news for the entire industry.

However, I don't think this will stifle the altcoin market. On the contrary, it may bring more opportunities for quality projects. After all, capital always finds a way out. It's just that the days of casually speculating and skyrocketing prices are probably gone for good.

As a witness, what I want to say is: The development of blockchain has never stopped, it has only changed in form. Whether it is ICO or IPO, they are essentially for financing innovative projects. It is important to choose wisely and not be blinded by short-term gains. After all, truly valuable projects will eventually stand out through the test of time.
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