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?
Hi phillymogul,
Thanks for your opinion. In my opinion, I think ICO is not the best choice to invest in now. It should only be a fomos effect for the listing on big exchange. For example, it the coin raise $100m, it should pay $90m to pump coin when listing, and then they can sell out their holding token to the buyer which have sold the token when you buy it. This is the best way for ICO now