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2019-10-03 18:00:32

ICOs ‘Will Disappear In 2020’ As Data Shows 95% Funding Decline

The initial coin offering (ICO) is all but dead, new data covering the past two years of the crypto fundraising phenomenon has concluded. ICO Proceeds Drop To $338M Collated by cryptocurrency analytics firm LongHash and published on October 1, the depressing figures confirm what many have long suspected: ICOs are no longer profitable. Their original source was tracking website ICO Watch, which has itself disappeared since LongHash gathered them in August. Examples of the extentRead MoreThe post ICOs ‘Will Disappear In 2020’ As Data Shows 95% Funding Decline appeared first on Bitcoinist.com.