46% of last year's ICOs have failed already

[NeoTech42]

Many ICO don't deliver anything nor deliver in time. A true MVP, and execution in time should be the key. You should check NeoPlace project

[sunrise.now]

it is very bad news for the world of crypto, most likely this is due to the absence of ads from google, facebook, and twitter, so the developers also lost the promotion to attract investors

[casternetwork]

What is undeniable is that most of the ICO project this year next year will die, because they have no value, the significance of their existence is to encircle money only, appear too many too many fraud project.

Your guess is correct. Because most ICO projects now account for 90% of the scam projects created by hackers. I personally spent over $ 500 on these scam projects

[lider1971]

it's time to stop being surprised by this news. if last year or the year before ico projects were a novelty for most users, now it is considered to be quite ordinary projects. a lot of people decided to create their own projects and because of the fact that the companies that create were quite weak, such figures on dead projects and appear.

[Crown1]

This is an astonishing statistic, but it's also a cruel fact.
Because the blockchain is still in development, these projects will be difficult to succeed.

[RXKING]

By this means there are 54% of successful ICO. In my opinion, this is not a bad number because it means many ICOs succeed, new ICO every day and within a month the hundreed ICO is on the market.
What is undeniable is that most of the ICO projects this year next year will die, because they have no value, the significance of their existence is just to confine the money, too many fraudulent projects arise. The popularity of ICO is just beginning to become more ICOs coming into the market and some of them will be the same situation because the products and services are of poor quality and do not have a strong community to support the project. ICO should be under regulation so as to maximize product quality and to protect investors from fraud.

[goodluck0319]

for an area that is only beginning to emerge it is natural, it always has been when invented innovative technology like cars, Internet, etc.

[mr.nby]

This is an astonishing statistic, but it's also a cruel fact.
Because the blockchain is still in development, these projects will be difficult to succeed.

This is not much. The number of unsuccessful ICOs is comparable to unsuccessful businesses in the "traditional economy". Such a situation is affected by a weak and not very innovative project or even copied from an already existing, weak team that does not care about the development of the project.

[salamonKK]

Be positive. Based on your data, 54% of ICO have been successful and are already creating and developing new technology and the market for crypto currency, which is already good.

[mihacrypto]

And this is a small part, I think next year will disappear those that came out in 2017. The regulation will not start and will Scam revolves

[hoangnhungg555]

It's obvious. Investors themselves are to blame for this. Some projects even look like a scam. However, there are many people who are ready to invest money. You can always face scam. But with a deeper analysis of the project, the probability decreases strongly.

[phamhung141a]

It sad to hear that news, but this is the reason why this Business is risky. However, you can avoid such things if you will follow a good team and invest in something unique and has sense.

[winspiral]

I'm not sure if this 46% is a realistic data.
Is my ICO counted in it?
Certainly not...
And so it is certainly about many ICOs

[ternyabin]

It's obvious. Investors themselves are to blame for this. Some projects even look like a scam. However, there are many people who are ready to invest money. You can always face scam. But with a deeper analysis of the project, the probability decreases strongly.

I very often observed a situation in which a poor project with dubious development prospects collects all funds in a short time, and a very promising project can not collect half of the total. Of course, this is the fault of investors who often rely not on their own analysis of projects, but on someone else's opinion of experts and bloggers from youtube. But I would still be wary of such studies.

[soooulliv77]

I think that's normal. All due to the fact that crypto is still very young and there is a lack of qualified personnel, management and lack of standards.

[Schirer]

In last few weeks i have seen a lot of similar news articles, with very different statistics.
Some of them say that 90% of ICOS has failed, some are talking of crypto graveyard and so on.

ok, this is true and common knowledge that a lot of ICOs fail in different stages of project.
But the very high discrepancy among sources suggests that the statistics are not correct and should be researched more.

[teeshe]

https://news.bitcoin.com/46-last-years-icos-failed-already/

• 46% of them are effectively dead already – despite raising over $104 million.
• 902 crowdsales... 142 failed at the funding stage and a further 276 have since failed

Such an interesting statistics. We should know that the industry is still in its early stages hence it is normal for some projects to fail since everyone is just trying to leverage on the buzz around.
A time will actually come when we will know projects that have come to stay as seen in the dot com Era.

[labake]

It's absolutely unfortunate as they are already killing the interest of investors and many people would divert all attention to stocks now. Most Developers greediness is the killer of their projects. Thorough screening is really required these days

[chuckle.j.everwin124]

I completely agree with you, I am also concerned about this stuuation. Now it is more and more difficult to find good projects with a big future. But to me it seems, this is still an achievable situation.

[sjadn12912999]

That's actually not too bad, only 142 out of over 900 failed at their initial funding round? I would have expected it to be more like 50-60%. I guess there is still hope to turn a decent investment from investing in ICOs if you pick the right ones, and invest the right amount (and early too).