Initial coins offering (ICO) issuance which flooded the digital coin market so much was actually not very good. This indicates market participants overvalued digital coins or cryptocurrency.

According to cryptocurrency investor Brian Kelly, this makes many investors install a wait-and-see position.

There are more than 300 ICOs launched in the first half of 2018, the number is almost the same as the ICO throughout 2017. This means that more investor funds are absorbed. TaTaTu, a social entertainment platform, raised US $ 575 million from the sale of its tokens.