I have attached a chart of the performance of the ICO market this year, it is on a rapid decline. I predicted this would happen in January due the introduction of Airdrops and I thought they would take off. What do you guys think? Are airdrops and the bearish market the reason why ICO participation is falling off a cliff.
https://twitter.com/Bancor/status/1024948102313193472Yes, both the Airdrops and Bearish market are the major reason by which the ICO funding has fallen over the last two months and because of this the ICO projects are getting less demand and also there are tons of low value ICO projects are been introduce in this market because of all this things and i think we are soon going to see ICO funding increasing only if the market settles down into a strong bullish trend.