Today, the preferred method to raise capital for projects, mainly by blockchain technology firms, builds on the aforementioned crowdfunding model. Since then, in the course of 2018, the ICO hype has significantly decreased due to rampant speculation and increasing instances of fraud. Nevertheless, the underlying concept of tokenisation (as described in section 1.2) still holds much potential in representing and trading value on a blockchain and can still be leveraged in many blockchain applications. Using the same investment and token trading vehicle, capital can be raised for the financing of infrastructure development in the form of debt or equity issuance.