To Innovation - Breaking Politics, Economics, Crypto & IT News

learn more
Reporting from Watford, UK and LA, US since 1996
learn more




TOP STORIES
Starbucks is not accepting Bitcoin, but builds an exchange

It will generally allow the crushed and boiled crypto investments to be converted to the crushed an...



ICOs Raised $ 28.4 bn Worldwide



A study, published by Elementus, indicates that initial coin offerings raised $ 28.4 billion for the entire time,



01.Oct.18 7:05 AM
By Abigail Richards
Photo Tradingview

   245

ICOs Raised $ 28.4 bn Worldwide
The ICO market is actively developing, experts believe. A study, published by Elementus, indicates that initial coin offerings raised $ 28.4 billion for the entire time, and competition in the industry is increasing. Experts noted that the popularity of security-tokens is gradually growing.

Analysts found that ICO start-ups attracted $ 15.9 billion as of late August 2018. In August, August fundraising volume matched that of last November - $ 1.466. Most of the funding was attracted by EOS projects - $ 4.2 billion, Telegram - $ 1.7 billion and Tatatu - $ 575 million, but even with the three removed from general statistics, the situation is looking stable.

The largest number of token sales took place in February 2018 - 172 projects, while in the past few months this indicator gradually decreased, and dropped to 107 by August. About the same time, 101 fundraising events took place in October 2017.

Also, experts found that in August, for the first time in history, more ICOs was held in Singapore than in the US - 17 against 15. The UK held 9 projects for the primary placement of tokens, in Switzerland - 5, in Russia - 1.



Back to the list


Related Information: