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?
There is a big chance that they will likely to disappear as ICO's have been overtaken by IEO's. Though we are still in bear season so we cannot guarantee yet that ICO's will not be alive again once we will step in the peak season.
But base in your graph, the ICO's are almost fading this year and this was because either they are out of ideas on what to launch or they are waiting for the right time to launch their projects like in peak season.