Post
Topic
Board Altcoin Discussion
Re: Death of ICOs
by
ven7net
on 15/01/2020, 14:59:19 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

It is worth noting one important factor affecting the ICO and other tools for raising funds for crypto projects. All this is determined by the needs of the market itself. The fact is that the technology of blockchain and cryptocurrencies must be developed, and for this, different types of crypto projects are needed. What tools will be used for this is not particularly important, it is important that this process does not stop and gain momentum. How exactly the funds will be raised is not important whether it is ICO, IEO and others, the main thing is that this process continues. If you see stagnation in this direction, this is a signal that there will be big changes in the crypto sphere.