👀 The ICO Market Since 2014 Visualised In Some Very Nice Graphs - This Market Is Huge And Growing Exponentially

cryptotem (63)in #cryptocurrency • 7 years ago

At the conference I attended a few days ago, one of the speakers used some very nice graphs about the ICO market. I managed to find out where he got them and want to share them here with you. BTW, I'm working on a mini-series about all the stuff I picked up at the conference. You can find the first part with some unique insights here.

Token sales in the last 4 years

There is even a cool interactive version of this image!

As you can see it seems that Europe is winning in numbers and when it comes to total amounts raised Asia, Europe and North America are around the same. Not all ICOs are included though. Only the ones that raised more than $100,000 and before Nov 29th, 2017. But check out that rise within that interactive version or in the graph below, insane!

It is estimated that ICOs raised over $6.3 billion until November 2017. By now, that is probably around $7.5 - $8 billion. And it grows a lot still:

The ICO market is crazy. Just today we had 3 ICOs taking place that caught my eye: BeeToken, WePower, MedicalChain. Not all good ICO practices though...

ICOs per country

When taking a look at the number of ICOs per country, we see a very strong pattern. Next to the USA, Russia and China, the countries with clear regulations have a lot of ICOs too: Switzerland, Singapore, Canada and Estonia.

Even though we don't have clear regulations here in the Netherlands, we're still on the 9th position with 10 ICOs until November 2017 worldwide and 5th place within Europe.

If we look at the raised amounts instead of the number of ICOs, we get these graphs:

So, Switzerland, UK and Russia are definitely the biggest in Europe and The Netherlands takes the 11th position.

Anyways, I thought these we nice graphs to share with you guys. Easy to understand and gives you an idea about how big this all is. If you ever need some of these nice graphs, visit Elementus.io, that is where I got these :-)

Sources:

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Disclaimer: I am not a financial advisor, trader or developer. I am just a blockchain & cryptocurrencies enthusiast. Make sure you do your own research, draw your own conclusions and do not invest any money that you cannot afford to lose.

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7 years ago in #cryptocurrency by cryptotem (63)

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thegrindresponse (26) 7 years ago

With so many new ICOs and altcoins coming out everyday. I find it hard for coins that do not have a niche to flourish in the long term. Coin niches can be from donations to research of cancer all the way to payment for producing and watching adult content. It creates a talking point that will draw in new investors. To create a coin that will last longer than a year and a half.

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cryptotem (63) 7 years ago

Jep there are so many out there, it is almost impossible to pick the winners. The same happened 3.5 years ago and 95% of the projects started then, are not alive anymore.

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francuzzz (60) 7 years ago

Ico it's this is a new wave in the development of any business from the start-up, a new financing model separated from banks and financiers, why it was not invented before ...

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cryptotem (63) 7 years ago

Yap, very interesting model indeed. It is a dangerous one too because there is practically no risk involved for the founders. Would be great to see some more incentives for the founders to really deliver. And some mechanism for accountability baked in.

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