Bitcoin Forum

Going through development teams on new tokens and cryptocurrencies, I observed that there's a demographic lopsidedness. I'd stray from mentioning names. To get a fair view, I'd like people here to mention countries they observe generating tokens and possible reasons for the high activity.

I think that Eastern Asia and russia

Here it is necessary to take into account all the features of the country: the development of the economy, the income of the population, the intellectual and technical base. Probably Russia in the top three

My impression is that most of the new projects in Crypto, which implies also most of the ICOs, are either based in Russia or done by etnical Russians.

Yes. I've seen alot of activity from Russia and Russians. Do this imply they are more technology inclined or they have other reasons like a distrust of their nations economy with respect to fiat money. 

I think in this historic moment Russians have simply more imagination and possibly motivation for innovation. The West is probably not "hugry" enough to create new things from scratch, and people are perhaps even too depressed and demotivated.

I don't know exactly but I feel that it's EU . Because I have seen many ICO's saying that they target EU first and then some other areas . Also it mentioned that most of the ICO's are started in EU. But as said I don't have an actual answer to this.

Definitely the russians and the chinese.
Especially Russia seems to be taking big steps regarding official crypto organisations, and towards legalizing and overseeing ico/crypto's

Based on jurisdiction, most ICOs are actually based in Western Europe, from my observation, due to either lax or welcoming regulations regarding ICOs and crypto.

But based on actual people managing and running, definitely Russians or Eastern Europeans. Partially due to their capacities - a lot of these countries invested heavily in the IT and computer engineering sectors. So the expertise lies with them.

Funders/backers, I think partially Eastern Europe and a lot of East Asians. Hard to say, though as this info is seldom transparent.

Not sure why a lot of them come from Russia, perhaps it is due to the education system that puts an emphasis on maths, computing and cryptography. I don't study in Russia so it's just a guess really.

there many countries that ico are generated from china Russia USA  Great Britain and many many other countries. i personally like those from GB

Used to be China but nowadays, probably switzerland, singapore, us and russia. Would love to see more diversity of the projects location though to spread out the power of blockchain.

I think in Indonesia will grow faster

Step back,

For about 100+ years Russian 's have led the world in MATH, maybe longer, for 50+ past years there was 100k kids per computer, they had nothing to do but do math and think, before they got keyboard time, thus they're better thinkers

Then there is the CHINESE they love to GAMBLE ( buying trading cryptos is just fucking gambling ),

The west say USA has NO money, the average american has NOT $500 USD in the bank, thus they are out,

The average chinese these days is rich, and wants to be RICHER,

Toss the salad above together and you get Russians producing solid code, and chinese buying the shit as quick as they can

***

Also ASIA is nice cuz stuff is cheap everything is $1 USD, cpus are $3, most hw like connectors is $1, ... its just so easy in ASIA/CHINA to do hardware, in Russia its easy to do software, its natural, again I think because historically HW has always been expensive, people had to think first

USA is the most fucked, followed by western-europe, all these places are fucked.

Go to SIngapore or Hong-Kong today you will see vibrant cultures of wealth, and they're all 100% trading in crypto's for their long term investments, all 'Gold Like' in approach, keeping wealth is hard, earning is easy, keeping from GOV can almost be impossible, most ppl their biggest concern is moving their wealth in&out of GOV controlled area's, and CRYPTO is the ONLY solution. Everybody sees this

The good news is that GOV as we know may soon go the way of dinosaur, once the power of print fiat paper money becomes worthless, because nobody see's value ( greshams law ) worthless money is visible, good money cannot be found

I think most ICO project are from Internet Technology since they have much related knowledge and they can understand the potential better than others.

As Slovenia has only 2mil population, the percentage ico/no.people should be the highest. Icos generated from Slovenia: Iconomi, Viberate, Hive project, Hedge token, Gramatik token, Popultrade ( coming soon ), Suncontract, Cofound.it, Xaurum, Quantum, Quantumstamp, Notary platform, Sportify (coming soon )

crazy analysis. If I get you right, Russia churns out codes, China stakes on them and America looks on.
 Thanks for your input.

Please, why do you prefer those ICOs from GB? By the way, I know only a very small number.

In a way it interesting to see how the USA has been marginalized in this new world of crypto business. In this field, certainly it is not any more the center of the world.

ICO is a way to get capital from the investors of the starup. So countries with multiple starups will be home to many ICO projects. Countries such as Japan, South Korea, the United States, Israel ... are attracting many ICO projects.

I've seen the most ICO projects and teams from Russia, but there are several that have not been really successful. This is why it is essential to do your own due diligence, research the team behind the ICO and not only the project.

Here in Russia we have a lot of good programmers that have a lot of value nowadays. It is connected to universities but not only. A lot of guys are just into computers so they start programming in their early years and they have a talent definitely.

Also, a lot of Russians worked in international companies or worked abroad and now they were given the opportunity to work from anywhere and make global projects using their experience and creativity.

That is why a lot of Russians in management or in the team.

i think russia mostly

As I can watch, generally, Europe countries has the highest number, I saw ICOs from UK, Russia, Slovenia, Switzerland, Ukraine, and many other European countries.

If we make a deep investigation here, I suppose that we will find the following picture: Asia makes the majority of ICOs, and Russia is on the second place of creating these projects.

Yes, Im also agree, and on the second place I think goes Asia region. Btw does anyone know some kind of site with such statistics?

There always some 'red flag' in every business aspect. Yes, there is some kind of better to stay away when you see names, countries team from ICO so in the end, it was your money, your responsibility. Don't worry about I could hurt someone's feeling.

I don't think that Mostly ICOs are coming from particular country more , but here it is the reality that most of the ICOs are coming from.the Russian teams .
Here you will think why the Russian mostly , Actually in the starting when only few coins were in the Cryptocurrency field then at that time that was the Russian people who made new new coins for new new country's people and in this way many people attracted toward to become the coin owner , and they take helped mostly from the Russian devloper , but here it doesn't mean that coin's ICOs are from the Russian ( only team is Russian most but owner is from another another country ) .

Mostly Russia, then EU I guess.

Thanks for your perspective. Many team members are Russians but sponsored from other nations. Good.

Yes, you are right. Chinese government has ban the ICO and many western ICO projects also ban Chinese investors. So no many countries support ICO projects now.

I think Russia generates the most ICO projects.

But unfortunately, there are also a big percentage of scam :(

I have not done much research on this issue but my little observation tells me Russia stands out among the different countries involved in the ICO business. Maybe a deep research about the issue will tell us a different story in future. Thanks

I think ICo will be a few projects from Europe. It will be Russia, the United States and Asia. Let's say Kazakhstan in the capital of the new Singapore wants to build cryptocurrency. Kazakhs fellows are very active and modern people learn quickly. I think ICO from Asia will be the majority

Mostly Russians. Even if the product is from the states there  are russians in the team