Project owners' note : ''Many ICO companies raised a significant amount of capital through Ethereum, Bitcoin, or other cryptocurrencies in 2017 and 2018. The problem is that these firms need to meet the expenses of their projects by paying in fiat, like USD or EUR. This exposes that to high and unwanted cryptocurrency price risk.
Similarly, many crypto miners get most of their revenues by mining and potentially selling cryptocurrencies, but have to meet their electricity costs and operating expenses in fiat. These large crypto holdings expose them to significant crypto price risk and potential inability to meet their fixed and recurring expenses.''