DURING THE FIRST 15 DAYS OF THIS YEAR, ICO PROJECTS RAISED $160 MILLION
According to the results of a study conducted by the ICObench portal, the ICO campaigns that ended in the first half of January collected a total of about $160 million.
The authors of the report note that as of January 15th, 2019, ICO projects collected an amount of 33% of all funds raised by cryptocurrency startups in December and half of this amount was collected by only one project.
According to ICObench, in January of this year it was scheduled to be over 150 campaigns for the ICO of tokens that corresponds to the last seven months, with the exception of December.
In total, ICO projects are planning to raise more than $4 billion in January, and three of the five largest projects have already reached or almost reached their own maximum limit.
However, the popularity of fundraising through initial token placement continues to fall, as evidenced by the decline in the number of ICO listings. The most successful were Canadian projects, mostly registered in the Netherlands, and which in total managed to raise about $80 million.
Recall that, according to the recently published results of a study conducted by the BitMEX cryptocurrency exchange, the capitalization of today’s reserves of own tokens of all completed ICO projects is about $5 billion.
