The ICO market has doubled compared to 2017, according to ICORating’s Q2 research. The independent organization claims total investments have exceeded $8.3 billion, while a lot of projects (55%) have failed to achieve their goals.
The total funding may seem incredible, compared to the $3.3 billion from the previous quarter, but the majority of the difference is due to EOS. The project has raised close to $4.2 billion over an extended period of time and simply finished its fundraiser in the current quarter. Still, even excluding EOS, the data shows growth.
Following EOS, Telegram is the second biggest project, which highlights one of the new developments:
“One of the trends in the 2nd quarter was an increase in the share of tokens allocated to private and presale stages, and...
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