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Altcoin Discussion
Re: Investment in ICOs decreased by 5800%
by
asder250
on
06/04/2019, 18:13:02 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%
But they are not writing about Initial Exchange Offerings, I think that money raised by exchanges is much higher than ICOs can get from the retail investors.