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   295

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.

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TOP-3 Upcoming ICO 22 - 28 Apr According to Our Readers

Let’s check which ICOs from 22nd to 28th April are considered the best according to our readers
23 April 2018   167

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 ongoing ICO according to our readers

1. MOMENTUM

Momentum is the world’s first blockchain and crypto-token based marketing automation platform that enables companies to reward their best customers and supporters with crypto-tokens. With Momentum, companies can reward customers in exchange for their attention, business, brand advocacy and data insights, while giving the consumer full control over their personal data. MobileBridge Momentum Token is the token that powers the MobileBridge Momentum platform. Demand for the Momentum will be fuelled by the ever increasing demand for the token as transactions on the MobileBridge Platform continue to increase.

At the moment of press, Momentum is running the private sale, no info on the raised funds available.

2. B2AND

B2AND is a result-oriented cloud-based online platform providing easy-to-use and scalable service utilising viral marketing within marketing campaigns in new innovative and extremely effective way. The new B2AND decentralized eco-system will be based on successful B2AND platform and will rely on a decentralized architecture on Ethereum blockchain supported by B2AND token. The B2AND decentralized eco-system will be transformed through four generations, whereas 1st generation B2AND platform has already been deployed.

B2AND
B2AND

B2AND tokensale started today (23/04/2018). We wish good luck for the team!

3. TV-TWO

TV-TWO is an application for Smart TVs used as the new gateway to linear broadcast combined with a personalized video stream as an additional channel. It is based on blockchain, the technology to orchestrate the new television ecosystem, with direct interactions between users, advertisers and content producers. A custom Ethereum-based token called TTV, the Token for Television, will fuel the ecosystem while ensuring security and fairness.

TV-TWO tokensale hadn't begin yet, but team doesn't lose any time. They have active social network and live shows life. 

We will keep our eye on these campaigns and we hope that their projects will be successful. We are really grateful to our readers for your opinion expression. Please, check the new Top Upcoming ICO and take part in new poll!