RE: Market Wrap: Bitcoin bears take a breather, Steem finds a bid, Karpeles says not guilty and Segwit2x testnet split
They ended up raising ~$232 million at the end yesterday. Not all of that is in Eth as folks could contribute via BTC or ETH, but the split was something like 65,000 BTC and 360,000 ETH so huge in this space at the moment.
I believe EOS, with the funds from their ICO, will be more responsible with the way they cash it in. After all, they have a certain Dan Larimer involved who has a little experience in blockchain technnology. However, looking on the blockchain yesterday even they were cashing in lots of 10,000 ETH and more on Bittrex...
There are so many ICOs at the moment it becomes impossible to keep track. Some of them, unfortunately, are going to be scams as the space is unregulated and others just won't go anywhere. Some are going to be gems too, but sorting the wheat from the chaff is the trick I guess.
Personally, I put a little on EOS (which I like) and a little on Tezos (which, in my mind, is a punt at this point). Just going to let them ride and see where they go...