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Altcoin Discussion
Re: Investment in ICOs decreased by 5800%
by
Nggedebus
on
02/04/2019, 02:31:27 UTC
Quote from: Tipstar on April 01, 2019, 04:32:05 AM
As compared to the Q1 of 2018, Q1 of 2019 saw a dramatic decrease in amount of investment done on ICOs. The amount collected by ICOs has been decreased by 58 times as compared to previous year.
https://cointelegraph.com/news/report-icos-raised-118-million-in-q1-2019-over-58-times-less-than-in-q1-2018/amp
Edit - It's not just 5100% but is 5800%
Maybe the main cause of what happen in ICO investment is the security issue. With all the scam ICO that doesn't seem to be stopping making many investors hesitate to make an investment because they got worried if they got scammed.