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