$1.6 Billion: All-Time ICO Funding Climbs as Record $500 Million Invested in July .

Blockchain projects generated a total of $ 1.67 billion through the initial coin festival (IOCO) - an image that was strengthened by a broken month of July's record, according to CoinDesk ICO Tracker's information.

By adding data between 2014 to 2017, the newly expanded data explorer is seen in the rapid sectors so far that the rapid growth has been shown. And ICO will maintain their warm pace, they are likely to attract venture capital investment all the time in August

According to CoinDesk data, Blockkayen was initially raised under $ 1.8 billion dollars through traditional enterprise capital enterprises.

Although this figure seems to be lower than the US IPO market, this year (according to Renaissance Capital) has raised more than $ 22 billion, the rate of growth is unbelievably surprising.

The total amount $ 1.38 billion was raised in $ 1.67 billion in the financing of ICO 2017, which represents 600% increase year-over-year

Influential statistics were increased by a July, which boosted the blockbane projects by more than $ 540 million, making it a row in the third month, in which a new monthly record was established.

Perhaps the reaction is that, in the last two months, the capital investment of the traditional ventures in the block company has decreased.

In May last year, with the collection of $ 104 million for the Banking Consortium, the primary blockchain investment resulted in only $ 6.12 million in July.

In the second quarter, the blockchain projects raised about 800 million US dollars in the IOC, total funding of $ 241.3 million, through traditional funding funding.