TIMELINE of JAN 18 The Token Rally • ETH @ $1,103.65 the past year • ICOs raise $2.4B A TON of Fundraising Start of the ICO Craze, Fastest ICO EverFEB 18• ETH @ $873.12 MAY 17 • Telegram notifies SEC of 1st $850M private sale • ETH average price @ $125.75 • ICOs raise $200M Alt Coin Correction • Basic Attention Token (BAT) ICO sells out in 2 blocks, starting the ICO craze. MAR 18• ETH @ $625.76 Ethereum Congestion • Telegram notifies SEC of 2nd $850M private sale JUN 17 • Token prices drop by >30% • ETH average price @ $313.73 • ICOs still raise $2B • ICOs raise $650M • Bancor and Status raise >$100M each, clogging the Ethereum network An ICO slump? APR 18 Regulators Are Watching• ETH @ $521.10 JUL 17 • Token prices continue declining by further 20% • ETH @ $224.12 • ICOs “only” raise $1.1B • ICOs raise: $650M • Tezos raises $230MCrossing the $10B yearly mark MAY 18 • ETH @ $678.80 • U.S. SEC publishes the report stating DAO tokens were securities Summer Slump • EOS raises $900M in one month AUG 17 • Large (>$100M) deals out of Israel and Asia • ETH @ $301.61 • ICOs raise $2B • ICOs raise: $330M • Bitcoin Cash mined its first block; Top-Notch Institutional VCs Join The Game JUN 18 • ETH @ $451.88 SEP 17Rise of the SAFT• ICOs raise $585M • ETH @ $293.05 • Andreessen Horowitz closed a $300m dedicated crypto fund • ICOs raise $775M • Filecoin closes $200M SAFT roundJUL 18ETF Hopes • China announces an ICOs ban• ETH @ $433.61 All Hands on Deck with Devcon 3 • ICOs raise $415M OCT 17• ETH @ $306.25• Release of the Augur dApp • ICOs raise $829MAUG 18ETF Disillusion • Polkadot raises $144.3M • ETH @ $279.18 Calm Before the Storm • ICOs taise $498M NOV 17 • SEC rejects multiple Bitcoin ETF applications due to risk of market manipilation • ETH @ $357.94 • ICOs raise $823M SEP 18Stamp of Approval from Endowment Funds • ETH @ $235.39 Billion Dollar Month DEC 17• ETH @ $640.21• ICOs raise $181M • ICOs raise $1.7B • Harvard, Stanford, MIT, Datrmouth, and University of North Carolina invest in at least • Blockstack raises $52M one specialist crypto fund 6 7