76% of 2018 ICOs Are Sinking, Research Says

According to the research, most of the tokens of "successful" ICOs are being traded at a loss
20 March 2018   1124

At the MIT Bitcoin Expo in Cambridge, Christian Catalini stated that "40% to 50% of ICOs are currently underwater – trading at a price lower than the initial offering price." 

Having studied the data for 2018, using the ICO statistics from Tokendata, News Bitcoin Com confirms that this is a reasonable estimate. In fact, 76% of the 74 ICOs completed this year are at a loss, given that the ICO statistics calculate ROI based on the pre-sale price of the token, rather than a public sale.

Ether has fallen in price since the beginning of the year, reducing the average yield of each dollar invested in the ICO. These projects can continue to generate healthy profits, as their infrastructure develops and markets are gaining momentum. But, as research says, investing in ICO is now an extremely risky business that is statistically unlikely to bring short-term profits.

In 2017, ICOs generated an average ROI of 573% according to Coinist. This year, just one ICO – Zilliqa – has reached that figure, delivering 12x. Last year’s big hitters, by way of comparison, were

  • Spectrecoin (46,000%),
  • Storj (7,600%),
  • Populous (5,400%)
  • Qtum (4,500%).

For the ICOs in 2018, perhaps, everything is still ahead, but right now investors are unlikely to see big profits, research reports. Large-scale discounting at this stage means that by the time of public sale, as a rule, a few tokens are left, and their valuation, combined with market conditions, makes the profit almost impossible.

Сould you please attach your email address for us to send you the most interesting ICO's rating and reviews. No spam.

Top-3 Ongoing ICO 4th - 10th Nov. Acc. to Our Readers

Let’s check which ICOs from 4th to 10th November are considered the best among our readers
12 November 2018   71

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. CraftR

The project was born to bring the e-commerce of creative assets to the Web 3.0 world through a decentralized platform, featuring token payments and storage of digital resources made available by freelancers. The platform is targeted to freelancers and developers that want to get involved in a new form of global e-commerce. Vendors will offer self-made products to customers that will be in research of the missing piece to proceed in a stuck point, or simply to learn about new skills. The marketplace will offer a wide range of digital creative assets, fastly accessible and easy to trade. This initiative will let the customers to reach our P2P marketplace, with the intention to purchase or sell their desired product through the CRAFTR payment processor. Our platform will offer zerofees between customers transaction and will only check for its validity. Customers will have total control of their finances.


CraftR

CraftR was able to raise 2000 ETH. Sale is still going. Great results!

2. CryptoRevolution 

Thank to a synergy between a Training Company, a Trading Company and a Technical Advanced Company working in MasterNodes and VPS Services we are able to offer you any kind of service that allows you to know, understand and exploit the cryptocurrency revolution to your advantage. A full training project on the cryptocurrency world is at your disposal and an ecosystem of services connected to it through the use of “CREV” (our utility token) that makes them accessible to everyone and easy to use. Once you have entered into our Ecosystem you can manage everything. General platform is your first step to deposit cryptos and to buy CREV Tokens. After that you can use CREV to buy services for Training, Trading, Mining, Staking and MasterNodes.

CryptoRevolution ICO
CryptoRevolution ICO

There's no news on the raised funds. CryptoRevolution sale is still going.

3. Powershare

Our unequal world desperately needs changes, but the power to change is limited by resources, reserved for the privileged few. We are here to level the playing field; We believe small, personal, local changes are bound to lead to bigger shifts in the society. That’s why we want to make sure every voice has a chance to be heard, every idea has enough fuel to get off the ground. To remove any barriers for the spirit of giving, we created a place where ordinary people can raise money without actually paying money from their pockets. PowerShare is where crowdfunding meets mining for cryptocurrencies - simply by keeping a browser tab open, visitors can convert unused computing power to fund ideas and causes which are important to them or others. And while our algorithm runs to power up a chosen cause, supporters also generate a steady stream of income which turns helping others into a mutually beneficial enterprise. By revolutionizing fundraising, we exist to provide means to change for anyone willing to do so.

Powershare ICO

Powershare ICO

Powershare team hasn't provided any info on tokens sold excapt the pic above.

Thanks for reading! Scroll down for other ICO related topics!