ICO, NFT and RWA – How Crypto Hype Cycles Evolve
The history of the crypto market is one of trends, which leaves investors breathless, skyrockets valuation and then, inevitably, goes cold until the next trend hits the market. Whether it is the wild fundraising days of Initial Coin Offerings (ICOs) to the cultural mania of Non-Fungible Tokens (NFTs) and now the institutional adoption of Real-World Assets (RWAs), each hype cycle made a significant impact on the industry.
This evolution shows how blockchain has matured – from a raw, experimental playground to a regulated, efficiency-driven financial layer. And while each phase has brought its share of winners and losers, investors continue searching for the “next big thing” that could deliver massive returns, much like how…
