- ICO are raising 58 times less in required capital for their projects according to WSJ.
- ICOs raised just $118 million Q1 2019 vs. $6.9 billion in Q1 2018.
The Wall Street Journal compiled a report recently, detailing that ICOs are raising 58 times less funds, greatly due to the tighter restrictions and unprofitable token launches. This is something seen across the industry globally, given the past number of scams that have done the rounds.