Post
Topic
Board Altcoin Discussion
Re: Death of ICOs
by
bitcoinsocial09
on 05/01/2020, 13:17:16 UTC
ICO terminations in 2019 were unimaginably inadequate contrasted with 2018 August and October both had none, while January 2018 had 160 projects. All things considered, 2019 projects raised additionally funding on average $6.8 million contrasted with 2018 $132,000, still ICOs are losing popularity because of

1. Concerns with funded projects
2. Regulatory hurdles with selling the tokens
3. Crypto bear market
A lot of ICO's in the market are not profitable because there are just way too many altcoins in the market dividing the investors without the demand of the investors in the token their will be no value in the token,
that could lead to the token made becoming a dead token in the market and for years it could stay like that, a lot of ICO's investors was already done with this investment since most of the time there is no profit made so ICO's already have a bad image from the investors resulting to a Death of ICO's.