Re: Are ICOs really DEAD or simply cleared a path for better projects?
Even after the onset of the bear market in January 2018, ICOs were still happening at a rate
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.
ICO PROCEEDS DROP TO $338M..
According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/
But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.
ICO PROCEEDS DROP TO $338M..
According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/
But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?
ICOs are still there, but they will disappear eventually, more because of indifference than because of the regulators or scams. People want some levels of certainty, and IEOs can provide that. ICOs can't. Both are based on trust, but if an exchange messes up, people will have someone to blame. If you lose your money in an ICO because you messed up, that's on you, and most people don't care to deal with it, so they choose IEOs.