Any idea how many new ICO's will be launched in 2018.What will be the future of new projects.
As we can see in 2017 It's like a bubble everyday new ICO's with few pages whitepaper,just a business plan no founder details,no physical address.
there are so many ICOs that appear in 2018 and many fail in the middle of the road. it is all caused by too many ICOs that appear and lack of investors. if an ICO is deficient, investors will be very badly short of funds to continue the project until it is successful and this is all because too many ICOs are emerging and investors are confused about investing their money in which project.
in my opinion, the more ICOs that appear, the worse the market will be. because in various countries it has begun to ban crypto and many investors have stopped investing in crypto but more and more ICOs. so the same as the supply in the market more and more and market enthusiasts decrease because there are no more investors who buy the coin.