Bitcoin Forum

Dear Benchers!🔥 This week the ICO & IEO market has set up new historical weekly high of $236M since May.

1️⃣The high amount of raised funds can indicate the end of the summer recession in crowdfunding market
2️⃣Kinesis ICO has raised 82% of overall funds raised during this week
3️⃣So far, only six projects in September have raised $293M but the quality of projects have increased up to 4.1

Read more in Weekly Review #36 (PDF) ➡️https://icobench.com/thebench-post/502-ico-market-weekly-review-36-236m-raised?utm_campaign=im2019wr36&utm_source=bitcointalk

wow, these statistics show that startups are getting more and more serious with the crypto market. This is really one of the good news for the cryptocurrency community and investors, hoping that in the coming years, the market will have good projects such as EOS, Matic, BitTorrent.

I think we are still in the stage of IEO hype, but I'm not sure about ICO though. ICO's still has the bad connotation of being a scam and shady to say the least.

But at least even in the bear market, IEO's are flourishing and takes to exchanges launchpad, investors has found a way or are least confident to throw their money around and profit because those projects are being backup by exchanges that are trusted.

This is nothing significant if One ICO gets such a huge portion of this amount.
This does not say anything of the market as whole.
Similar situation is when big exchanges raised amounts for them selves and rised like billion USD.

Stats can be faked to draw some interest into projects and market and with rating platform like yours which have been accused of associating with multiple scam projects and misleading investors, I find it hard to believe eitherway. Thing is that there is no other party which can ascertain that what these stats are shown are of true and fair nature.x

Thats something which has to be taken into account when taking a look this kind of statistics.
But it is a job, it takes resources to gather and show this information to other people, they cant be responsible for the amount the projects have raised, they dont have a real way to check it.

I think that was very hard to believe at this moment, As we see today most ICO's are not performed well, leaving most projects failed, still fresh in my mind that you guys are promoting scam project that i was also become a victim it was "athero"

If the project team utilizes the raised money in a good way and not scamming people and investors, then its a very good sign. If they cheat investors, then it will be a disaster for the whole crypto industry. However numbers are very encouraging.

I agree that they might not have a real way to check it but at least they can correct their mistake. This scam project: https://icobench.com/ico/resto still has the same rating and is not removed from their platform. A genuine platform should remove such scams or give a warning (if they are unsure) but they haven't taken any action about it.

Accusation: https://bitcointalk.org/index.php?topic=5110530.0

After altcoins failed to perform alongside bitcoin, people have started been interested in ICO/IEO, someone asked me to recommend some ICO for her, I recommended a very good BM projects on this forum for her to study. I didn't ask her to go any ICO rating sites because I suffered in the hand of ICObench last year and early this year before dumping.

Isn't ICO and IEO a project that involves altcoin too?  I wonder what is the difference on investing in this crowfunding and altcoin.  Seems they are the same to me except the first one is already in the market trading while the latter is just starting to be traded after the sales.  ICO and IEO is riskier than buying an altcoin that is already trading. 

Anyway, It could have been better if OP gave the wallet address of the said collected funds.  We all know data can be manipulated unless supported by the records on the blockchain.

The IEO hype will die down eventually, just like ICO died down because that is the nature of people realizing they won't be making profits as much as they imagined. There have been some great ROI for people who got in early, however there is a limit to how much "great projects" there could be out there, eventually there will be some bad ones and people will invest and start to lose money and they will stop investing and the funding for the new ones will get smaller and smaller until eventually it becomes like the current IEO.

Obviously, there is always some great ones that come up time to time and even on ICO there are still a great one once in a long while but it will stop being common and that will result with weekly highs being lower and lower eventually.