Bitcoin Forum

The ICO market boomed in 2017. The number of crypto startups is hard to pin down, but most sources agree that is over five hundred were launched in 2017.

In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?

The research shows that ICOs have significant economic problems.


https://i.imgur.com/qLwuulE.png (https://imgur.com/qLwuulE)

I haven't even heard of the top 2 on this list. Is it actually proven that they raised these funds or did they just claim to do so to encourage other investment? I can only assume they're known scams with such low volume nowadays.

This list is ridiculous, i've only heard of a few of these projects. I bet the founders are laughing all the way to panama right now, they will spend a fraction on the project with the rest funding their new lifestyle

Just because we only consider ICOs as short term investors so most of the investors will sell their tokens once it hit the exchange and the people when bought it just wait forever for the prices to increase.The ICOs who raised more money are not best so the people who never do research while investing will be suffer now.

Of the 24 ICO listed in this table, 9 have a daily turnover of less than 100K. Despite the fact that the declared fees of more than 50M. For example, Dragon with a daily volume of 47K collected on ICO 420M (!!!). This is a funny hand-drawn figures.

You look at the trading volumes from the top 20. Cardano has a daily trading volume of less than $ 20 million, Monero 18, IOTA 10, and so on. Over the past few weeks, the market collapsed and we see how small amounts affect the price of these coins. A project with a capitalization of billions of dollars cannot lose 20% with a daily volume of 10 million.
Projects that are listed in the table created only for the rapid enrichment of their owners. Half project fraudulent.

Are these real numbers or are developers drawn? I do not even know all the ICOs listed in this list, or maybe I'm backward when the ICOs have pretty good sales. The ICOs on the list probably do not appeal to investors. short term is short term. Actually these numbers are virtual.

As some other members have suggested it is unlikely they collected as much money as they claim, in this industry it is not rare for projects to exaggerate the amount of money they get out of investors, however if those numbers are correct then this is tragedy, because this means the investors put their money in something that most likely is never going to give them any returns.

Out of this list im personally holding hdac, comsa, envion, dropil, bankera, tenx and swissborg and each one of them has dropped terribly in value by now most of them are way way down below even the ico prices, these projects have raised so much money i think the team should come up and place big buy orders at ico price because investors are in humongous loss at the moment.

if seen in more detail, one reason is the lack of a market that supports the coin. if the team's developers want to focus more on market issues I'm sure this won't happen.

Some of these don't have that bad of a trading volume. Anything in the millions is quite considerable in the current market. That is assuming it's legit and not washing trading from fake volume exchanges. Only a select few of these are even noteworthy, the rest seem to have been scams or have just faded in to obscurity. The only one of any real merit is TenX.

The list looks very spurious and lacks credence in my opinion as most of the names on the list are very unfamiliar, notwithstanding it's not a new idea that ICOs has been on the decline and majority are either outright scams, poorly developed, fail to raise any significant amount or just a replica of some other project.

the beginning of their ico began many people thought that the project would later develop. but the reality is not that beautiful, I can imagine how the investors who joined the project felt. and I think the development team doesn't do anything to increase the trading volume of the altcoins they have.

It is really horrible to say the least, Imagine how much the developers must have dumped seeing the huge market swipe. No one should ever be emotional about any coin. It seems the trend moved from holding to dumping immediately once it hits exchange. Some of these coins may rise eventually but just very few percentage of them. Participated in Naga and Ucash and were all huge disappointment

Plenty of bagholders from those ICO's.

I disagree with you about Dropil and Tradove as they have 100k average volume per day. These projects are legit they have a very good developer behind them. The prices of these two are now below ICO price and knowing almost all alt coins and tokens are down. Dropil have a very good platform and they have great products and Tradove is SEC registered in one of the state in the US. I don't want to be biased as I'm a holder of these two great startup companies and this is my honest opinion based on facts.

I did heard about Tatatu and the amount they raised during ICO. You might be right about them or maybe this happened because they didn't expand their project by not listing token to top exchanges. More exchanges means more investors, more volume and Tatatu is only available on 2 exchanges atm.

Its because everything is pegged to Bitcoin market. And since Bitcoin has suffered as well, it trickled down to altcoin markets. Specially along the stretch beginning in June. There are some successful ICO is 2018, but there are no holders and buyers.

Mostly, bounty hunters just dump and then ICO projects as well. Just look at how ETH suffered and you will see how everyone is really dumping after the tokens have been released and listed on an exchange. So I'm not surprised if there no volume of most successful ICO's in 2017/2018.

Very nice research, this is the reality, many researches found out that 90% ICOs are pure scams and this only confirms this claim.
But, it would be nice to make deep research, if these projects are alive, or dead without any progress.

Since the beginning of February almost all the altcoin trading volume has increased a lot along with the price, but after a few months later the trading volume dropped significantly along with the price. So I'm sure this has made the money of most traders stuck in some altcoin for quite a long time. So in my opinion this is a natural thing

So many thrash projects were launched into the crypto space during boom of 2017 and it was so damn easy for them make a lot a money due to the boom. I've never heard of some of the projects on that list especially the first two. Imagine the amount of money these guys made from selling useless coins and collecting the real thing in exchange. It's so unfortunate, and I'm glad the investing public are wiser and more critical of these ICOs now.

What an expository article! I have also come to notice that the zeal and vibrancy with which developers launch ICOs die a natural death several months after the ICO conclusion. Many deviate from roadmap or even abandon it totally. It is quite unfortunate and doesn't leave a good mark on the cryptocurrency community

Actually I am not quite sure about your research, but as I know Dropil have collected about 20 millions not 60 millions,so I I guess the others ICOs may have none precious data.

Let's be frank. Now the market is painful to watch. Who will look at Dragon. When BTC with a mate ETH Fly into the vile. The fact that the project has collected money does not mean that it is good. And the article is excellent.

it's so sad how these things happened this 2018 after many have hoped that 2018 could be the best year for cryptos, but all hope is not lost, next year might be good for this ICO, some might rise up due to the utility on their platform

the industry continues to grow, but actually what is wrong with the ICO system, I don't think ICOs have problems, but new projects seem to be faced with deteriorating markets, so they are not ready to face the bad times of the market.

I think you'd be surprised with how little it takes to move the market cap of a project. Especially in a bear market such as this. I did not realize that the trading volume for those coins was still so low, it shows how insignificant they still are relative to bitcoin which still has billions of trading volume each and every day.

If the coins are any good then there is a chance that their volume grows and they will be fine and it is possible that they find people interested not only in trading those coins but in holding them as well, but due to the market conditions people are very mistrustful about what is happening and so many coins that could be considered to be legitimate projects are having problems as well because no one wants to invest in those coins.

Only had of few among the listed ico coin, but raising huge money during the ICO doesn't mean the coin will have huge trading volume, volumes is been determined by the market force, If a team put much effort to marketing then the price will go up but as it stand, i don't know most of these coins and so it will be for other people

ICOs is very risky when the market is not good. Hopefully, it'll be better in the future.

Well, nice compilation and a great illustration of the human stupidity. I've always avoided crypto startups aim of which  was collect as more cash as possible. Only once i'd broke this rule, but to be honest still believe in project i invested.

so does other commodities or stocks when the market is not so good, it's just a really natural things. Most of the ICO ended up being worthless at the time of distribution because lacking of creative mind to prevent from massive dumping.
Any developers should take a consideration into this

That's impossible, reach billion but has 0 trading volume. When project reach their target it means they also have users/ members that use their product to get income, supply and demand already there. If only get 0 volume I can say only investor/ trader with short term strategy and have big fund join that ICO, but I'm afraid they already leave ( speculation ). Crypto is hard fields and everything could happen, not to scare you but never forget to learn from this condition.

or maybe the investors believe if the project is good for long term investments,,
so, the investors hold their tokens in their wallet,,
regards

so much money has flowed into this ico and yet they have hardly any trading volume. i wonder if it reflects the reality and usefulness of the ico token. either way, it is somehow bitter that the token have no volume.

With these money and if they can use it properly and it will be so easy to create something useful for us. Remember there was a lot of single developer in our real life create a game without needed a lot of money. They are creating a fully working product that can be sold through various market.

Many iCO projects are scams, there are no actual products behind them, and the transaction volume of tokens is very low!
This is why many governments require ICO regulation!
Regulatory Ico can effectively protect the investment money!

It is difficult to apply this in this market because everything is anonymous making the control impossible. I personally believe that in the coming years we will see many new ICO projects and certainly will be future scam projects.

Besides market analysis, price movements and trade volume are also influenced by fundamentals. So if there is no progress or the latest innovations from the project all this is useless, unless there is someone who manipulates the market. Although they has succes to raise more than $2.8 Billion, it does not mean that the trading volume in the market will continue to increase. Because they make fundraising with the aim to developing a project, not to manipulate the price of tokens in the market. So I think this is a natural thing

Correct, most of the new coins move based on speculation and on the news the developers of those coins give, if there is no advancement at all in the development of the project then the price is not going to move much if at all, but if suddenly there are positive news about the coin people will realize the project is real and not a scam and will begin to trade their coins or even to buy more of them.

its all about the development and adoption of the tech that team promise to their investors if team does not ful fill the promises or do not make any progress about the project then investors just move on to the next project

I know only a few of these coins and I am into crypto from more than a year now. And I feel most of them raised the money when the ico market was exploding and people were throwing money into ico's for getting maximum returns.
And maybe some of them have faked their money raised to encourage investors.

Yes there is a problem,and the key it is that in 2017 they got it in ISO Ethereum at a price of 1200-1400 dollars,and now Ethereum is worth $ 90,and they are more than 15 times lost the price,and many projects have kept the money and kept in Ethereum,and thus they now have no money on the financing and development of projects,and they are bent,that's the problem

It's the same situation of all ICO projects at the moment :)). You can take a look at Bitnautic, it's a very successful project but BTNT token trading volume is under $1k and as I know all bounty hunters participated in Bitnautic bounty campaign has been cheated by dev team of Bitnautic :))

I don't think taht all of these ICOs really collected these amounts. Most of them I've senn firstly. It's strange why these ICOs are in the top. But there are also good projects there. Now the market is falling so the trading volume is reduced. I think soon it will recover.

I know for sure that the Dragon project has fictitious fees, it collected about $ 10-15 million, the Envion project turned out to be scamming, the organizers simply deceived all investors and are now suing each other so as not to return the money. And so I think every project from this list can be described!

An excellent study once again reveals the imperfection of the ICO and the fundraising system as a whole. We can also see that a huge number of successful projects that have collected a lot of money, spat on the promotion of their tokens on the stock exchanges, because it's all about the money and not the development of the project.

I am not sure of the reliability of the figures that are listed in the list of projects, but if the daily turnover is low it means that the project is very weak marketing. Need more positive news and need to promote social networks and YouTube !

Some of them might be scams or at least half dead project but I would not say that the rest of projects are in economic trouble. It is not a stock market, they can operate and develop very well regardless of their coin value. 

I know of Dragon, Hdac, Bankera, U.Cash and Zeepin.
Most of them had very good volume at the initial days of listing. I think the whole thing changed as a result of the bear market. As for bankera i got to know that the trading platform is about to lunch and that could have increased its volume.

They are not wanna spending their money to list their coin on the big exchange site to get a big volume while they are not even creating a proper product at the same time.   this is a real problem in the crypto when you are seeing a project that created by amateurs that wanna fast money only.