Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets. The negative toll on ICOs has seen them drop overall to 70 percent less than their initial values, according to a new report.Rise of VC InvestmentA report released by blockchain research group Diar shows that almost $3.9 billion in investments was raised in the first three quarters of 2018 by blockchain and cryptocurrency-focused startups. This, according to the report, is 280 percent of what was raised in 2017.Adding to the significant leap recorded, the report also indicates an increase in the number of deals — almost twice the number recorded the previous year.Similarly, the average size of blockchain and crypto investments for 2018 is over a $1 million higher than what was recorded the previous year. Recipient companies of the 10 largest crypto and blockchain investments had a pool of funds worth over $1.3 billion in total venture capital. This was, however, conducted through the "traditional equity investment" model that ICOs had sought to displace. According to the report, DFINITY was the sole exception, as it raised a combined $163 million from popular VC investors Andreessen Horowitz and others through the sale of its utility tokens.VC’s sharp increase in popularity among startu... For Further Information Click on Below Button