Despite the sky-high failure rate of ICOs, nearly $12 billion has been raised in coin offerings through May this year—more than doubling the 2017 ICO haul.
Other estimates are as high as $13.7 billion, with the US accounting for $1.1 billion in 56 registered token sales.
ICO or “Initial Coin Offering” Mentions
According to ICO advisory firm Satis Group, a mere 8% of ICOs get to trading status—and just 2% worth $50 million to $100 million look “promising” for investors.
In the digital gold rush, it’s harder than ever to predict a successful ICO. At the moment, the only real secret to crypto investing is that there’s no secret.
Bitcoin price
