Bitcoin may have plunged from its eye-popping price, but demand is high for cryptocurrencies.
A quick search on TokenList shows hundreds of new coins are trying to or planning to raise money using a new method called an initial coin offering.
Just how hard is it to create your own cryptocurrency?
Turns out the process can be a complicated, time-consuming legal juggernaut with a high rate of failure for investors and creators.
A recent report found nearly half of last year's ICOs failed to raise enough funding or went out of business after their launch.
We decided to take the process for a little test run to how it all works by creating a hypothetical token called DIY Coin.