The ICO market has doubled

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The ICO market has doubled

The number of institutional investors has increased significantly in 2018. The most favorable countries for the ICO recognized by the United States, Switzerland and Singapore.

According to a report by independent rating agencies ICORating for the second quarter of 2018, the market ICO increased almost two times.

This Agency conducts independent analyses assessing the ICO and the market of initial offerings in General.

The results show that in 2018 the ICO has already raised more than $11 billion investment. This amount is ten times larger than investments from ICO in 2017. In the second quarter of the current year 827 projects raised $8 billion, and in the first $3.3 billion.

Funds raised EOS projects make up a large portion of the increase — they raised $197 4 956 135 per annual cycle ICO.

— analysts say

The leader of this rating was Europe, which launched 46% of all projects, while most of the investment was collected North America (64,67%). Asian projects have attracted 20% of the total investment, however, quantitative indicators have decreased by 40%.

Institutional capital markets ICO has increased, while the report noted “the continuing decline in the number of retail investors.” According to the study, this leads to increased project requirements, and the total amount of funds raised during the ICO increasingly depends on “how well the projects have partnered with investment funds”.

The top 10 sectors to attract investments includes: financial services, infrastructure of the blockchain and banking. The most favorable countries for the ICO recognized by the United States, Switzerland and Singapore.

Previously, we wrote about the fact that the volume of bitcoin trade has been reduced by 85%.

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