Post
Topic
Board Altcoin Discussion
Re: Death of ICOs
by
Johnyz
on 15/01/2020, 11:27:23 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
They die because of being useless and don’t blame the ICO itself if there’s no support from the investors. If the developer wants a real business here, then they should be more competitive and stop creating a project that wont work in the long run. Bear market has nothing to do with a new project, they should be good enough to stand on this kind of market.