ICO Market Report
Disclaimer: It is important to note that data about ICOs reflects merely an approximation of reality. Results may vary strongly depending on data sources and data quality. For example, some sources may include funds raised by not-yet-finished ICOs in their data while others do not. Furthermore, specifically with historical ICO data, the deal size of the Initial Coin Offerings in USD denomination changes constantly over time with fluctuations of exchange rates, as most ICO teams hold (parts of) their investments in crypto. I have included links to the sources for all charts below for you to re-examine the underlying data.
Number of ICOs
First, let us examine how the number of ICOs has changed in the past months.
In March 2018 we saw, for the first time since December, a growth in the number of ICOs being conducted. The number of Initial Coin Offerings grew 28% MoM to 168 ICOs. This only includes completed tokensales, excluding canceled or unsuccessful sales. As many ICO investors have probably already experienced, the increasing number of ICO projects makes it more difficult to spot the signal in the noise.
Proper due diligence and an investment…
