There will no longer be an ICO. Research from LongHash
Activity in the field of ICO fell to almost zero. If in 2017 White Paper was beautifully written to collect millions of dollars, now the situation is the opposite.
Back in the middle of last year, some industry participants believed in a revival of the classic ICO market. For example, Elementus wrote in August 2018: “All signs indicate the maturation of the ICO market.” However, by the middle of 2019, these signs have also come to naught, as analysts at the LongHash portal claim, based on ICO Watch data.
It is worth noting that IEO projects, which showed more positive dynamics, did not participate in the study.
First, consider the number of new projects. If in 2017 hundreds of them appeared every month, in recent months the flow has decreased almost to zero.
Volumes of collected funds also gradually decreased. In the diagram below, each ICO is represented by a point corresponding to the end date and the amount of investment. If in 2018 14 projects managed to raise more than $ 50 million, in 2019 only Contentos managed to get financing in the amount of about $ 50 million. But this project is more likely to refer to 2018, since its ICO ended on January 3.
Volumes of collected funds also gradually decreased. In the diagram below, each ICO is represented by a point corresponding to the end date and the amount of investment. If in 2018 14 projects managed to raise more than $ 50 million, in 2019 only Contentos managed to get financing in the amount of about $ 50 million. But this project is more likely to refer to 2018, since its ICO ended on January 3.
Bounty and Community Management
We provide the best service for conducting bounty, advertising marketing and SMM management.
Contact US in Telegram @LastCryptoHunter and @DSComplete
Join Our Telegram channel