Quote from: themerkle on August 03, 2018, 05:58:02 PM

ICOs Struggle for Funding

Initial coin offerings have been an interesting addition to the world of cryptocurrency. Although not everyone sees merit in this particular business, there are a lot of companies still raising millions of dollars without a working product. July 2018 wasnt the best month for the industry, as the total capital raised was the lowest since June 2017.

Read More: https://nulltx.com/ico-capital-raised-in-july-was-lowest-amount-since-june-2017/

In the first half of this year there were twice as many ICO projects by quantity and reached 537, while the crypto-currency market fell completely and investors were showing weak activity because of this. Therefore, it is not surprising that in the presence of these two factors, ICO commands can not even collect a minimum amount for Softcap. Now, the new ICO teams are trying to maximally extend the ICO's deadline to seize the period of possible rise of the crypto-currency market. Maybe this, in part, will save them. We'll see.