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Perhaps more importantly, a combination of red tape, lack of transparency, corruption, lack of opportunity and lack of credible projects have made it difficult to invest in the country, executives have said recently.
Europe's executive commission said the hydrofluorocarbon credits from industrial projects were overvalued in Europe by a factor of 78, discouraging the flow of money to more credible projects in the least developed countries.
The technology space is so vast that there are exceptions, but it is certainly notable that there are relatively few credible projects planning ICOs that include retail investor participation.
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Mathieu Latrille de Lorencez, 17, spoke of the FN with passion: "It's really the only party that has a credible project for France.
It is a credible project, but years of development work would be needed to turn it into a commercial reality, and it would be unlikely to enter service before 2030.
You have to focus on getting your first credible project funded by a major source, because that makes all the difference in the world.
Which makes separating credible hardware projects from incredible fantasies more of an imperative.
"I understand that these are people that want to take on credible passionate projects.
Indeed, a builder with market power may be able to deter competitors from entering the market through the threat of glut, a threat that will be more credible when big projects are subject to local government incentives and subsidies, as they often are.
"In short, ICOs aren't dead, investors are just doing more due diligence and looking for more credible and vetted projects," said Ervin.
We're working to make sure that forests are included in the global agreement in Copenhagen and that the markets that develop recognize credible forest conservation projects around the world.
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