Research: 70% of ICOs Have ‘Eye Watering’ Losses

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In Brief
  • Is the ICO Fundraising Model Dead?

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The Trust Project is an international consortium of news organizations building standards of transparency.

In case you didn’t already know, the vast majority of ICOs have failed.

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The latest issue of Diar has found that Initial Coin Offerings (ICOs) are raising more money this year.

However, 70 percent of tokens are now worth less than they were during their ICO phase.

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A New Low

The broad statement that ‘ICOs are dead’ is being thrown around a lot lately.

TokenData’s founder, Ricky Tan, told the newsletter that 2018 will probably not see a significant increase in public ICOs and pre-sales.

‘Eye Watering’ Losses

Still not convinced that ICOs are dead?

The numbers speak for themselves.

What do you think about the failure rate for ICOs? Let us know your thoughts in the comments below!

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All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
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Dani Polo is the Head of SEO at BeInCrypto.com. For over seven years, Daniel provided SEO for companies ranging from small businesses all the way up to Fortune 500 corporations. He is heavily focused on Fintech and Finance sector. Daniel earned his Bachelor of Science in Computer Science from Universitat Politècnica de Catalunya. He also has certifications from YCombinator Startup School, SEMRush and Hubspot. He’s currently focused on machine learning and artificial intelligence.

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